Mecklenburg North Carolina Trust Agreement Nike Securities, L.P., The Chase Manhattan Bank, BISYS Fund Services Ohio, Inc. and First Trust Advisors, L.P.

• Category: Corporations - Public - Agreements - Trusts
• State: Multi-State
• County: Mecklenburg
• Control #: US-EG-9036
• Format: Word; Rich Text

Description

Trust Agreement btwn Nike Securities, L.P., The Chase Manhattan Bank, BISYS Fund Services Ohio, Inc. and First Trust Advisors, L.P. dated Dec. 30, 1999. 29 pages The Mecklenburg North Carolina Trust Agreement is a legally binding document that outlines the terms and conditions governing the trust relationship between Nike Securities, L.P., The Chase Manhattan Bank, BASIS Fund Services Ohio, Inc., and First Trust Advisors, L.P. This agreement serves as a foundation for the management and administration of various types of trusts established in Mecklenburg County, North Carolina. Nike Securities, L.P. is a prominent investment firm that specializes in securities, offering a range of financial products and services to clients. This reputable company acts as a beneficiary or trustee in the Mecklenburg North Carolina Trust Agreement, fulfilling its fiduciary duties by managing the assets and investments contained within the trust. The Chase Manhattan Bank, a well-known financial institution, plays a crucial role in the Mecklenburg North Carolina Trust Agreement. As a trustee or custodian, The Chase Manhattan Bank ensures that the trust's assets are safeguarded and diligently managed in accordance with the agreement's provisions. They may also provide banking services, fiduciary advice, and investment expertise. BASIS Fund Services Ohio, Inc. is an experienced fund administration company that provides operational and administrative support to the Mecklenburg North Carolina Trust Agreement. They handle tasks such as record-keeping, accounting, and reporting for the trust's various investment funds and entities. Their expertise ensures that the trust operates efficiently and compliantly, meeting the needs of the beneficiaries and adhering to legal and regulatory requirements. First Trust Advisors, L.P. is an established asset management firm with expertise in financial planning and investment management. They play a significant role in the Mecklenburg North Carolina Trust Agreement as an investment advisor, providing guidance and recommendations regarding the trust's investment strategy. First Trust Advisors, L.P. may also assist in selecting suitable investment opportunities, monitoring performance, and maintaining a balanced and diversified portfolio. The Mecklenburg North Carolina Trust Agreement encompasses various types of trusts, each tailored to meet specific objectives and requirements of the trust's creator or settler. Common types of trusts included in this agreement may include revocable living trusts, irrevocable trusts, charitable trusts, special needs trusts, and testamentary trusts. Revocable living trusts offer flexibility and control, allowing the settler to modify or revoke the trust during their lifetime. Irrevocable trusts, on the other hand, are typically utilized for estate planning purposes, providing asset protection and potential tax benefits. Charitable trusts are established to benefit charitable organizations, while special needs trusts are designed to provide for individuals with disabilities without disqualifying them from government assistance programs. Testamentary trusts are created through a will and only come into effect upon the settler's death. Overall, the Mecklenburg North Carolina Trust Agreement involving Nike Securities, L.P., The Chase Manhattan Bank, BASIS Fund Services Ohio, Inc., and First Trust Advisors, L.P. ensures the efficient management, protection, and administration of various types of trusts, benefiting the settlers, beneficiaries, and all parties involved in the trust relationship.

The Mecklenburg North Carolina Trust Agreement is a legally binding document that outlines the terms and conditions governing the trust relationship between Nike Securities, L.P., The Chase Manhattan Bank, BASIS Fund Services Ohio, Inc., and First Trust Advisors, L.P. This agreement serves as a foundation for the management and administration of various types of trusts established in Mecklenburg County, North Carolina. Nike Securities, L.P. is a prominent investment firm that specializes in securities, offering a range of financial products and services to clients. This reputable company acts as a beneficiary or trustee in the Mecklenburg North Carolina Trust Agreement, fulfilling its fiduciary duties by managing the assets and investments contained within the trust. The Chase Manhattan Bank, a well-known financial institution, plays a crucial role in the Mecklenburg North Carolina Trust Agreement. As a trustee or custodian, The Chase Manhattan Bank ensures that the trust's assets are safeguarded and diligently managed in accordance with the agreement's provisions. They may also provide banking services, fiduciary advice, and investment expertise. BASIS Fund Services Ohio, Inc. is an experienced fund administration company that provides operational and administrative support to the Mecklenburg North Carolina Trust Agreement. They handle tasks such as record-keeping, accounting, and reporting for the trust's various investment funds and entities. Their expertise ensures that the trust operates efficiently and compliantly, meeting the needs of the beneficiaries and adhering to legal and regulatory requirements. First Trust Advisors, L.P. is an established asset management firm with expertise in financial planning and investment management. They play a significant role in the Mecklenburg North Carolina Trust Agreement as an investment advisor, providing guidance and recommendations regarding the trust's investment strategy. First Trust Advisors, L.P. may also assist in selecting suitable investment opportunities, monitoring performance, and maintaining a balanced and diversified portfolio. The Mecklenburg North Carolina Trust Agreement encompasses various types of trusts, each tailored to meet specific objectives and requirements of the trust's creator or settler. Common types of trusts included in this agreement may include revocable living trusts, irrevocable trusts, charitable trusts, special needs trusts, and testamentary trusts. Revocable living trusts offer flexibility and control, allowing the settler to modify or revoke the trust during their lifetime. Irrevocable trusts, on the other hand, are typically utilized for estate planning purposes, providing asset protection and potential tax benefits. Charitable trusts are established to benefit charitable organizations, while special needs trusts are designed to provide for individuals with disabilities without disqualifying them from government assistance programs. Testamentary trusts are created through a will and only come into effect upon the settler's death. Overall, the Mecklenburg North Carolina Trust Agreement involving Nike Securities, L.P., The Chase Manhattan Bank, BASIS Fund Services Ohio, Inc., and First Trust Advisors, L.P. ensures the efficient management, protection, and administration of various types of trusts, benefiting the settlers, beneficiaries, and all parties involved in the trust relationship.