San Jose California Trust Agreement between Nike Securities, L.P., The Chase Manhattan Bank and First Trust Advisors, L.P.

• Category: Corporations - Public - Agreements - Trusts
• State: Multi-State
• City: San Jose
• Control #: US-EG-9034
• Format: Word; Rich Text

Description

Trust Agreement between Nike Securities, L.P., The Chase Manhattan Bank and First Trust Advisors, L.P. dated January 4, 2000. 18 pages San Jose California Trust Agreement is a legally binding agreement established between Nike Securities, L.P., The Chase Manhattan Bank, and First Trust Advisors, L.P. This agreement outlines the roles, responsibilities, and objectives of the involved parties in managing and safeguarding assets entrusted to them. One type of San Jose California Trust Agreement between the aforementioned entities may be a Testamentary Trust Agreement. This type of trust agreement is executed upon the death of an individual, where Nike Securities, L.P., The Chase Manhattan Bank, and First Trust Advisors, L.P., act as trustees responsible for managing and distributing the deceased individual's assets according to their will or trust document. Another type could be a Revocable Trust Agreement. This agreement allows the individual establishing the trust (granter) to retain control over their assets during their lifetime, while designating Nike Securities, L.P., The Chase Manhattan Bank, and First Trust Advisors, L.P., as trustees to manage and eventually distribute these assets according to the granter's instructions upon their death. A further type might be an Irrevocable Trust Agreement. This agreement establishes a trust where the granter relinquishes control over their assets permanently, transferring them to Nike Securities, L.P., The Chase Manhattan Bank, and First Trust Advisors, L.P., as trustees. The trustees have fiduciary responsibility to manage and protect the assets for the benefit of the trust's beneficiaries, following the conditions and terms set forth in the agreement. The San Jose California Trust Agreement may also encompass specialized agreements, such as a Charitable Remainder Trust Agreement. This trust enables individuals to donate assets to a named charity, while retaining a stream of income during their lifetime or for a specific term. In this arrangement, Nike Securities, L.P., The Chase Manhattan Bank, and First Trust Advisors, L.P., would act as trustees to administer the assets, ensure the income distribution, and ultimately transfer the remaining assets to the designated charity. Overall, the San Jose California Trust Agreement between Nike Securities, L.P., The Chase Manhattan Bank, and First Trust Advisors, L.P., establishes a framework for effective and secure asset management, whether it be through Testamentary, Revocable, Irrevocable, or charitable trust agreements.

San Jose California Trust Agreement is a legally binding agreement established between Nike Securities, L.P., The Chase Manhattan Bank, and First Trust Advisors, L.P. This agreement outlines the roles, responsibilities, and objectives of the involved parties in managing and safeguarding assets entrusted to them. One type of San Jose California Trust Agreement between the aforementioned entities may be a Testamentary Trust Agreement. This type of trust agreement is executed upon the death of an individual, where Nike Securities, L.P., The Chase Manhattan Bank, and First Trust Advisors, L.P., act as trustees responsible for managing and distributing the deceased individual's assets according to their will or trust document. Another type could be a Revocable Trust Agreement. This agreement allows the individual establishing the trust (granter) to retain control over their assets during their lifetime, while designating Nike Securities, L.P., The Chase Manhattan Bank, and First Trust Advisors, L.P., as trustees to manage and eventually distribute these assets according to the granter's instructions upon their death. A further type might be an Irrevocable Trust Agreement. This agreement establishes a trust where the granter relinquishes control over their assets permanently, transferring them to Nike Securities, L.P., The Chase Manhattan Bank, and First Trust Advisors, L.P., as trustees. The trustees have fiduciary responsibility to manage and protect the assets for the benefit of the trust's beneficiaries, following the conditions and terms set forth in the agreement. The San Jose California Trust Agreement may also encompass specialized agreements, such as a Charitable Remainder Trust Agreement. This trust enables individuals to donate assets to a named charity, while retaining a stream of income during their lifetime or for a specific term. In this arrangement, Nike Securities, L.P., The Chase Manhattan Bank, and First Trust Advisors, L.P., would act as trustees to administer the assets, ensure the income distribution, and ultimately transfer the remaining assets to the designated charity. Overall, the San Jose California Trust Agreement between Nike Securities, L.P., The Chase Manhattan Bank, and First Trust Advisors, L.P., establishes a framework for effective and secure asset management, whether it be through Testamentary, Revocable, Irrevocable, or charitable trust agreements.