Living trust means an inter vivos trust created by a natural person:
Living trust means a revocable or irrevocable inter vivos trust funded with assets to which the recipient is legally entitled.
Living trust means a revocable living trust established by the Purchaser for estate planning purposes and pursuant to which no one other than the Purchaser and/or the Purchaser's spouse is the beneficiary during the Purchaser's lifetime.
Examples of Living trust in a sentence
See Loreley, 797 F.3d at 177 (noting that a plaintiff may adequately plead scienter as to a corporate defendant “by pleading facts sufficient to create a strong inference either (1) that someone whose intent could be imputed to the corporation acted with the requisite scienter or (2) that the statements would have been approved by corporate officials sufficiently knowledgeable about the company to know that those statements were misleading.” See Rex & Roberta Ling Living trust v.
Living trust agreements designate a trustee who holds legal possession of assets and property that flow into the trust.
Living trust agreements shall define the functions and authorities of the trustee.
Living trust assets are a countable re- source, treated the same as if you owned the assets outright.
Xxxx, as individual and co-trustee with Rae Xxxx Xxxx under Amendment to and Complete Restatement of Xxxx Living trust, dated October 27, 2006 Yes 125,000 0 0 500,000 374,493 3,892 0 18 LCF W2C One, LLC, W2C Two, LLC, W2C Three, LLC, W2C Four, LLC, W2C Five, LLC, W2C Seven, LLC, W2C Nine, LLC, W2C Ten, LLC, W2C Twelve, LLC, Cortland Holdings 1, LLC, Cortland Holdings 2, LLC, WKU One, LLC, WKU Bowling Green, LLC, UTC One, LLC, LU Six, LLC, LU Five, LLC Xxxxxxx C.
More Definitions of Living trust
Living trust presently owns an undivided 16.0589% interest in and to, and W.
Living trust. Preamble "Matt Annuity Trust" Preamble "Other Documents" 4.03(a) "Parent" Preamble "Parent Common Stock" 2.06(b)(ii) "Parent SEC Reports" 5.05
Living trust means a trust into which an individual can place all of his or her assets during his or her lifetime and, by transferring ownership of the assets to the name of the trust, thereby remove the assets from the individual's estate.
Living trust is a Trust created by a Trust Maker while he or she is alive. A “Testamentary Trust” is a Trust created in a Last Will & Testament that is created after the Trust Maker dies. Living Trusts are revocable or irrevocable. A revocable Trust is a Trust that the Trust Maker can modify or terminate after the Trust is created. An irrevocable Trust is a Trust that cannot be modified or terminated by anybody other than a court after it is created. Our Confidential Trusts are living Trusts that are revocable until a Trust Maker dies or becomes incapacitated at which time the Confidential Trust becomes irrevocable. A Trust is evidenced by a written Trust Agreement signed by the Trust Makers and the Trustees. The Trustees have the legal obligation to comply with the terms and conditions of the Trust Agreement. A Trustee who fails to comply with the Trust Agreement can be sued by and can be liable to the Beneficiaries for damages they suffer from the Trustee’s breach of the Trust Agreement.
Living trust means a trust of which the individual Shareholder is the sole grantor and is initial trustee or co-trustee, over which the individual Shareholder has the full right of revocation, and which will function during the Shareholder’s life primarily for the benefit of the Shareholder; provided, however, a subsequent amendment to the Living Trust shall constitute a Transfer of Certificates prohibited by this Agreement, unless otherwise permitted herein, if such amendment would do either of the following: (i) remove the grantor Shareholder as a trustee even though the Shareholder is still alive and competent, or (ii) cause the Living Trust to function during the Shareholder’s life other than primarily for the Shareholder’s benefit. The trustees, successor trustees, and all present and future beneficiaries of the Living Trust shall be fully bound by the provisions of this Agreement. Any notices required to a Shareholder whose Certificates have been transferred to a Living Trust shall be sent to the individual Beneficiary as trustee of the Living Trust, or any successor trustee of which the Corporation has been notified in writing.
Living trust. Preamble "Matt Annuity Trust" Preamble "Other Documents" 4.03(a) "Parent" Preamble Defined Term Section
Living trust is a Trust created by a Trust Maker while he or she is alive. A “Testamentary Trust” is a Trust created in a Last Will & Testament that is created after the Trust Maker dies. Living Trusts are revocable or irrevocable. A revocable Trust is a Trust that the Trust Maker can modify or terminate after the Trust is created. An irrevocable Trust is a Trust that cannot be modified or terminated by anybody other than a court after it is created. Our NFA Gun Trusts are living Trusts that are revocable until a Trust Maker dies or becomes incapacitated at which time the Gun Trust becomes irrevocable. A Trust is evidenced by a written Trust Agreement signed by the Trust Makers and the Trustees. The Trustees have the legal obligation to comply with the terms and conditions of the Trust Agreement. A Trustee who fails to comply with the Trust Agreement can be sued by and can be liable to the Beneficiaries for damages they suffer from the Trustee’s breach of the Trust Agreement. An NFA Gun Trust is a special type of Trust. The NFA Gun Trust is a Trust that has the sole purpose of holding and owning NFA Title II firearms. It should not own any other types of assets except perhaps Title I firearms. INFORMATION ABOUT THE GUN TRUST, TRUSTEES & BENEFICIARIES In Part 1 below, you must list all Trust Makers, Trustees and Beneficiaries of the Gun Trust. Before you complete this Agreement, you must understand these three terms and decide who will be the Trust Makers, Trustees and Beneficiaries of your Gun Trust. These terms have the following meaning: Trustee: A Trustee is a person named in the Gun Trust Agreement that has possession, control and legal ownership of the firearms held in trust for the benefit of the Beneficiaries. The Gun Trust must have a minimum of one Trustee and it may have multiple Trustees. All trustees must sign the Gun Trust and will have the legal obligation to comply with the terms and conditions of the Gun Trust Agreement. Trustees owe fiduciary duties to the Beneficiaries and can be sued by a Beneficiary for breach of a fiduciary duty or breach of the Gun Trust Agreement. Important Note: Insert the names below of every person who you want to be able to possess, transport and use a Title II firearm. If you want to possess, transport and use the firearms do not forget to name yourself. Beneficiary: A beneficiary is a person for whose benefit the Trustee(s) hold the firearms in trust. The Gun Trust must have at least one current beneficiary and one future b...