settlor

A rift developed among the settlor's children; settlors amended her trust documents to remove defendant as trustee.

We should strongly encourage settlors to provide a non-binding written expression of the manner in which they would like to see the trustee exercise his or her discretion, so that the administration of the trust will have a good chance of reflecting the manner in which the settlor herself would have administered it.

It contains significant enhancements and refinements to promote better trust administration and provides greater certainty and flexibility for settlors, trustees and beneficiaries, as well as certain technical amendments.

ERISA provisions that permit settlors to appoint fiduciaries with a

Article 773 defines the trust as the legal operation whereby one or more settlors transfer real rights, claim rights, guarantee or other property rights or a set of such rights, present or future, to one or more trustees who exercise them with a specific purpose for the benefit of one or more beneficiaries.

Because the laws of the individual states were, until recently, uniformly hostile toward self-settled asset protection trusts, domestic settlors often considered OAPTs to be the only viable asset protection vehicle available to them.

(40) Settlors frequently couple spendthrift language with discretionary language to provide multiple layers of asset protection.

ACMC Leader & Vanni District MP Rishad Bathiudeen was speaking on 11 August to the villagers and settlors of Madeena Nagar, Vavuniya.

The Guernsey Foundation can be used as an alternative to the PTC and purpose trust arrangements that have traditionally been used to allow Settlors to retain control over assets and wealth."

CRTs are the best alternative when settlors would like to provide a current benefit to themselves, or their descendants, for life or a term of years, with the remainder passing to a charity of their choice.

316, 324-25 [19691), the reciprocal trust doctrine applies when two trusts are interrelated and the settlors are left "in approximately the same economic position" as before the creation of the trusts.

In the short term, settlors wishing to retain some level of control can find themselves placing their trust, literally, in professional trustees and thereby effectively eliminating any control they may have over a PTC, as the professional trustees can remove its directors.