Hillsborough Florida Reference Trust Agreement between Prudential Securities Incorporated and The Chase Manhattan Bank is a legally binding document that outlines the terms and conditions of the trust agreement between these two financial institutions. This agreement establishes a fiduciary relationship where Prudential Securities Incorporated acts as the trustee, while The Chase Manhattan Bank serves as the beneficiary. The Hillsborough Florida Reference Trust Agreement is specifically designed to govern the management, distribution, and administration of the trust assets located within the region of Hillsborough, Florida. It ensures that both parties involved fulfill their obligations and responsibilities towards the trust's beneficiaries and comply with all applicable state and federal laws. This trust agreement involves various types, which can be categorized based on their specific purpose and objectives. The following are some notable types of Hillsborough Florida Reference Trust Agreements between Prudential Securities Incorporated and The Chase Manhattan Bank: 1. Hillsborough Florida Reference Revocable Trust Agreement: This type of trust agreement allows the trust or (settler) to have control over the trust assets and make modifications or terminate the trust at any time during their lifetime. 2. Hillsborough Florida Reference Irrevocable Trust Agreement: In contrast to a revocable trust, an irrevocable trust cannot be altered or revoked without the consent of the beneficiary. This type of trust agreement is commonly used for estate planning and protection of assets. 3. Hillsborough Florida Reference Testamentary Trust Agreement: This agreement comes into effect only upon the death of the trust or and is established through a will. It ensures the management and distribution of assets according to the trust or's specified wishes. 4. Hillsborough Florida Reference Living Trust Agreement: This type of trust agreement is created while the trust or is alive, and it allows for the seamless transfer of assets upon the trust or's death, avoiding the probate process. 5. Hillsborough Florida Reference Special Needs Trust Agreement: This agreement is specifically designed to provide financial support to individuals with special needs, ensuring that their government benefits are not affected. It is important to note that the specific terms and conditions of each trust agreement may vary based on the preferences, goals, and requirements of the trust or and the beneficiary. Additionally, the Hillsborough Florida Reference Trust Agreement between Prudential Securities Incorporated and The Chase Manhattan Bank should always be drafted or reviewed by legal professionals to ensure compliance with local laws and individual circumstances.