Hennepin Minnesota Trust Agreement between Van Kampen Foods, Inc., American Portfolio Evaluation Services, Van Kampen Investment Advisory Corp., and The Bank of New York

• Category: Corporations - Public - Agreements - Trusts
• State: Multi-State
• County: Hennepin
• Control #: US-EG-9142
• Format: Word; Rich Text

Description

Series 204 Trust Agr. btwn Van Kampen Foods, Inc., American Portfolio Evaluation Serv., Van Kampen Investment Advisory Corp., and The Bank of New York dated Jan. 6, 2000. 5 pages The Hennepin Minnesota Trust Agreement is a legally binding document that establishes the terms and conditions for the management and distribution of assets held by Van Kampen Foods, Inc., American Portfolio Evaluation Services, Van Kampen Investment Advisory Corp., and The Bank of New York. This agreement outlines the roles and responsibilities of each party involved in the trust, ensuring transparency and safeguarding the interests of the beneficiaries. Keywords: Hennepin Minnesota Trust Agreement, Van Kampen Foods, Inc., American Portfolio Evaluation Services, Van Kampen Investment Advisory Corp., The Bank of New York, assets, management, distribution, beneficiaries, roles, responsibilities, transparency. There may be different types or variations of Hennepin Minnesota Trust Agreements, each tailored to specific objectives or circumstances. Some possible types include: 1. Revocable Trust Agreement: This type allows the granter to retain control and modify the trust terms during their lifetime. They can revoke or amend the agreement as desired. 2. Irrevocable Trust Agreement: In contrast to the above, an irrevocable trust agreement cannot be modified or revoked without the consent of all parties involved. This type provides more asset protection and estate planning benefits but lacks flexibility. 3. Living Trust Agreement: Also known as an inter vivos trust, a living trust becomes effective during the granter's lifetime and can provide for the management and distribution of their assets while they are still alive. 4. Testamentary Trust Agreement: This type is created within a last will and testament and becomes effective upon the granter's death. It allows for the distribution of assets according to specific instructions outlined in the will. 5. Special Needs Trust Agreement: Designed for beneficiaries with disabilities or special needs, this type of trust ensures that the individual's government benefits are preserved while still providing for their supplemental needs. 6. Charitable Trust Agreement: Created for charitable purposes, this trust allows individuals or organizations to donate assets to a specific cause or charity while enjoying certain tax advantages. These variations showcase the versatility of Hennepin Minnesota Trust Agreements, catering to diverse needs and objectives in the realm of asset management and distribution. Keywords: Revocable Trust Agreement, Irrevocable Trust Agreement, Living Trust Agreement, Testamentary Trust Agreement, Special Needs Trust Agreement, Charitable Trust Agreement, asset protection, estate planning, granter, beneficiaries, flexibility.

The Hennepin Minnesota Trust Agreement is a legally binding document that establishes the terms and conditions for the management and distribution of assets held by Van Kampen Foods, Inc., American Portfolio Evaluation Services, Van Kampen Investment Advisory Corp., and The Bank of New York. This agreement outlines the roles and responsibilities of each party involved in the trust, ensuring transparency and safeguarding the interests of the beneficiaries. Keywords: Hennepin Minnesota Trust Agreement, Van Kampen Foods, Inc., American Portfolio Evaluation Services, Van Kampen Investment Advisory Corp., The Bank of New York, assets, management, distribution, beneficiaries, roles, responsibilities, transparency. There may be different types or variations of Hennepin Minnesota Trust Agreements, each tailored to specific objectives or circumstances. Some possible types include: 1. Revocable Trust Agreement: This type allows the granter to retain control and modify the trust terms during their lifetime. They can revoke or amend the agreement as desired. 2. Irrevocable Trust Agreement: In contrast to the above, an irrevocable trust agreement cannot be modified or revoked without the consent of all parties involved. This type provides more asset protection and estate planning benefits but lacks flexibility. 3. Living Trust Agreement: Also known as an inter vivos trust, a living trust becomes effective during the granter's lifetime and can provide for the management and distribution of their assets while they are still alive. 4. Testamentary Trust Agreement: This type is created within a last will and testament and becomes effective upon the granter's death. It allows for the distribution of assets according to specific instructions outlined in the will. 5. Special Needs Trust Agreement: Designed for beneficiaries with disabilities or special needs, this type of trust ensures that the individual's government benefits are preserved while still providing for their supplemental needs. 6. Charitable Trust Agreement: Created for charitable purposes, this trust allows individuals or organizations to donate assets to a specific cause or charity while enjoying certain tax advantages. These variations showcase the versatility of Hennepin Minnesota Trust Agreements, catering to diverse needs and objectives in the realm of asset management and distribution. Keywords: Revocable Trust Agreement, Irrevocable Trust Agreement, Living Trust Agreement, Testamentary Trust Agreement, Special Needs Trust Agreement, Charitable Trust Agreement, asset protection, estate planning, granter, beneficiaries, flexibility.