Travis Texas 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
• County: Travis
• 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 The Travis Texas Trust Agreement is a legally binding contract that outlines the roles and responsibilities between Nike Securities, L.P., The Chase Manhattan Bank, and First Trust Advisors, L.P. This agreement serves as a framework for their collaborative efforts in managing and safeguarding assets. This specific type of trust agreement is designed to facilitate asset management and investment advisory services while adhering to specific legal, regulatory, and financial guidelines. By entering into this agreement, Nike Securities, L.P. and First Trust Advisors, L.P. appoint The Chase Manhattan Bank as the trustee to oversee the management of the trust assets. One type of Travis Texas Trust Agreement between these entities involves the establishment of a discretionary trust. In this arrangement, The Chase Manhattan Bank is given the authority to make investment decisions on behalf of the trust beneficiaries, taking into account their unique financial goals, risk tolerance, and investment preferences. The trust agreement will outline the specific details and limitations of the discretionary powers granted to the trustee. Another possible type of Travis Texas Trust Agreement may involve the creation of a revocable trust. In this scenario, the trust can be modified or terminated by the granters (Nike Securities, L.P. and First Trust Advisors, L.P.) during their lifetime. Revocable trusts offer flexibility and enable adjustments to be made as circumstances change. The trust agreement will outline the conditions under which the granters can make changes to the trust. The Travis Texas Trust Agreement between Nike Securities, L.P., The Chase Manhattan Bank, and First Trust Advisors, L.P. is essential in ensuring the proper administration and management of assets in accordance with the granters' intent and objectives. It establishes the fiduciary duties of the trustee, including the duty of loyalty, prudence, and the obligation to act in the best interest of the trust beneficiaries. By setting out the terms and conditions, investment policies, and guidelines, this trust agreement provides a clear framework for collaboration, communication, and decision-making among the involved parties. It also ensures compliance with applicable laws and regulations governing asset management and investment advisory services. The Travis Texas Trust Agreement represents a crucial legal document that safeguards the interests of all parties involved while promoting transparent and accountable asset management practices.

The Travis Texas Trust Agreement is a legally binding contract that outlines the roles and responsibilities between Nike Securities, L.P., The Chase Manhattan Bank, and First Trust Advisors, L.P. This agreement serves as a framework for their collaborative efforts in managing and safeguarding assets. This specific type of trust agreement is designed to facilitate asset management and investment advisory services while adhering to specific legal, regulatory, and financial guidelines. By entering into this agreement, Nike Securities, L.P. and First Trust Advisors, L.P. appoint The Chase Manhattan Bank as the trustee to oversee the management of the trust assets. One type of Travis Texas Trust Agreement between these entities involves the establishment of a discretionary trust. In this arrangement, The Chase Manhattan Bank is given the authority to make investment decisions on behalf of the trust beneficiaries, taking into account their unique financial goals, risk tolerance, and investment preferences. The trust agreement will outline the specific details and limitations of the discretionary powers granted to the trustee. Another possible type of Travis Texas Trust Agreement may involve the creation of a revocable trust. In this scenario, the trust can be modified or terminated by the granters (Nike Securities, L.P. and First Trust Advisors, L.P.) during their lifetime. Revocable trusts offer flexibility and enable adjustments to be made as circumstances change. The trust agreement will outline the conditions under which the granters can make changes to the trust. The Travis Texas Trust Agreement between Nike Securities, L.P., The Chase Manhattan Bank, and First Trust Advisors, L.P. is essential in ensuring the proper administration and management of assets in accordance with the granters' intent and objectives. It establishes the fiduciary duties of the trustee, including the duty of loyalty, prudence, and the obligation to act in the best interest of the trust beneficiaries. By setting out the terms and conditions, investment policies, and guidelines, this trust agreement provides a clear framework for collaboration, communication, and decision-making among the involved parties. It also ensures compliance with applicable laws and regulations governing asset management and investment advisory services. The Travis Texas Trust Agreement represents a crucial legal document that safeguards the interests of all parties involved while promoting transparent and accountable asset management practices.