Palm Beach Florida Trust Agreement Reference Trust Agreement between Dean Witter Reynolds, Inc. and The Bank of New York regarding Select Equity Trust

• Category: Corporations - Public - Agreements - Trusts
• State: Multi-State
• County: Palm Beach
• Control #: US-EG-9280
• Format: Word; Rich Text

Description

Reference Trust Agreement between Dean Witter Reynolds, Inc. and The Bank of New York regarding Select Equity Trust - Select Global 30 Portfolio 2000-1 dated January 5, 2000. 6 pages. A Palm Beach Florida Trust Agreement is a legally binding contract between Dean Witter Reynolds, Inc. and The Bank of New York specifically relating to the Select Equity Trust. This agreement outlines the terms and conditions under which the trust operates and the roles and responsibilities of each party involved. The Palm Beach Florida Trust Agreement serves as a reference document for all parties, ensuring clarity and transparency in the management of the Select Equity Trust. It includes vital information such as the objectives and investment strategy of the trust, the specific assets included in the trust, and the rights and duties of beneficiaries. The agreement outlines the role of Dean Witter Reynolds, Inc. as the trustee and The Bank of New York as the custodian. Dean Witter Reynolds, Inc. is responsible for overseeing the day-to-day management of the trust, making investment decisions, and ensuring compliance with applicable laws and regulations. The Bank of New York, as the custodian, holds and safeguards the trust's assets, keeping them separate from their own. Different types of Palm Beach Florida Trust Agreement Reference Trust Agreement between Dean Witter Reynolds, Inc. and The Bank of New York regarding Select Equity Trust may include: 1. Revocable Trust Agreement: This type of agreement allows the granter (trust creator) to make changes or revoke the trust during their lifetime. It provides flexibility and control to the granter, with the possibility of modifying beneficiaries, terms, or assets as circumstances require. 2. Irrevocable Trust Agreement: Unlike the revocable trust, an irrevocable trust cannot be modified or revoked without the consent of the beneficiaries or by following specific legal procedures. This type of trust provides asset protection and tax planning benefits but sacrifices the granter's control over the trust's assets. 3. Testamentary Trust Agreement: Created through a will, this trust agreement becomes effective upon the granter's death. Assets are transferred into the trust to be managed and distributed according to the granter's wishes, as outlined in the will. The Palm Beach Florida Trust Agreement Reference Trust Agreement between Dean Witter Reynolds, Inc. and The Bank of New York regarding Select Equity Trust is an essential tool for ensuring the smooth operation and management of the trust. It establishes the framework through which investments are made and managed, providing clarity and protection for all parties involved.

A Palm Beach Florida Trust Agreement is a legally binding contract between Dean Witter Reynolds, Inc. and The Bank of New York specifically relating to the Select Equity Trust. This agreement outlines the terms and conditions under which the trust operates and the roles and responsibilities of each party involved. The Palm Beach Florida Trust Agreement serves as a reference document for all parties, ensuring clarity and transparency in the management of the Select Equity Trust. It includes vital information such as the objectives and investment strategy of the trust, the specific assets included in the trust, and the rights and duties of beneficiaries. The agreement outlines the role of Dean Witter Reynolds, Inc. as the trustee and The Bank of New York as the custodian. Dean Witter Reynolds, Inc. is responsible for overseeing the day-to-day management of the trust, making investment decisions, and ensuring compliance with applicable laws and regulations. The Bank of New York, as the custodian, holds and safeguards the trust's assets, keeping them separate from their own. Different types of Palm Beach Florida Trust Agreement Reference Trust Agreement between Dean Witter Reynolds, Inc. and The Bank of New York regarding Select Equity Trust may include: 1. Revocable Trust Agreement: This type of agreement allows the granter (trust creator) to make changes or revoke the trust during their lifetime. It provides flexibility and control to the granter, with the possibility of modifying beneficiaries, terms, or assets as circumstances require. 2. Irrevocable Trust Agreement: Unlike the revocable trust, an irrevocable trust cannot be modified or revoked without the consent of the beneficiaries or by following specific legal procedures. This type of trust provides asset protection and tax planning benefits but sacrifices the granter's control over the trust's assets. 3. Testamentary Trust Agreement: Created through a will, this trust agreement becomes effective upon the granter's death. Assets are transferred into the trust to be managed and distributed according to the granter's wishes, as outlined in the will. The Palm Beach Florida Trust Agreement Reference Trust Agreement between Dean Witter Reynolds, Inc. and The Bank of New York regarding Select Equity Trust is an essential tool for ensuring the smooth operation and management of the trust. It establishes the framework through which investments are made and managed, providing clarity and protection for all parties involved.