Los Angeles California 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: Los Angeles
• 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 A Los Angeles California Trust Agreement is a legally binding document that establishes a fiduciary relationship between Van Kampen Foods, Inc., American Portfolio Evaluation Services, Van Kampen Investment Advisory Corp., and The Bank of New York. This agreement sets out the terms and conditions under which the trust assets will be managed and distributed by the trustee, The Bank of New York. The primary purpose of this trust agreement is to provide a structured framework for managing and safeguarding the assets held by Van Kampen Foods, Inc., American Portfolio Evaluation Services, and Van Kampen Investment Advisory Corp. The entities involved entrust their assets to The Bank of New York, a trusted financial institution, to oversee their investment and ensure compliance with applicable laws and regulations. In terms of different types of Los Angeles California Trust Agreements that may exist between these entities, they can include: 1. Revocable Living Trust Agreement: This type of trust agreement allows the entities to retain control and ownership of the assets during their lifetime. They have the right to modify or revoke the trust at any time. 2. Irrevocable Trust Agreement: In contrast to a revocable trust, an irrevocable trust agreement cannot be modified or terminated without the consent of all parties involved. This type of trust provides greater asset protection and potential tax benefits. 3. Testamentary Trust Agreement: This trust agreement is established through a will and only takes effect upon the death of the entities. It allows for the distribution and management of assets per the wishes outlined in the will. 4. Charitable Trust Agreement: This type of trust agreement allows the entities to set aside assets for charitable purposes or organizations. It may provide tax incentives and benefits for the entities involved. These Los Angeles California Trust Agreements provide a clear framework for the trustees and beneficiaries involved, ensuring that the assets are managed and distributed in accordance with the intentions of the entities and the applicable laws. The Bank of New York, as the trustee, assumes the responsibility of carrying out the terms of the trust agreement while acting in the best interests of the entities involved. This agreement helps to protect and preserve the assets over time, promoting financial stability and compliance.

A Los Angeles California Trust Agreement is a legally binding document that establishes a fiduciary relationship between Van Kampen Foods, Inc., American Portfolio Evaluation Services, Van Kampen Investment Advisory Corp., and The Bank of New York. This agreement sets out the terms and conditions under which the trust assets will be managed and distributed by the trustee, The Bank of New York. The primary purpose of this trust agreement is to provide a structured framework for managing and safeguarding the assets held by Van Kampen Foods, Inc., American Portfolio Evaluation Services, and Van Kampen Investment Advisory Corp. The entities involved entrust their assets to The Bank of New York, a trusted financial institution, to oversee their investment and ensure compliance with applicable laws and regulations. In terms of different types of Los Angeles California Trust Agreements that may exist between these entities, they can include: 1. Revocable Living Trust Agreement: This type of trust agreement allows the entities to retain control and ownership of the assets during their lifetime. They have the right to modify or revoke the trust at any time. 2. Irrevocable Trust Agreement: In contrast to a revocable trust, an irrevocable trust agreement cannot be modified or terminated without the consent of all parties involved. This type of trust provides greater asset protection and potential tax benefits. 3. Testamentary Trust Agreement: This trust agreement is established through a will and only takes effect upon the death of the entities. It allows for the distribution and management of assets per the wishes outlined in the will. 4. Charitable Trust Agreement: This type of trust agreement allows the entities to set aside assets for charitable purposes or organizations. It may provide tax incentives and benefits for the entities involved. These Los Angeles California Trust Agreements provide a clear framework for the trustees and beneficiaries involved, ensuring that the assets are managed and distributed in accordance with the intentions of the entities and the applicable laws. The Bank of New York, as the trustee, assumes the responsibility of carrying out the terms of the trust agreement while acting in the best interests of the entities involved. This agreement helps to protect and preserve the assets over time, promoting financial stability and compliance.