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These services are provided by a person or firm – such as a bank, trust company or registered investment adviser (RIA) — serving as a trustee, executor, personal administrator or discretionary agent having direct responsibility for managing assets for or on behalf of individuals and families, as well as estates, trusts, private foundations ...
A trust company is a corporation that acts as a fiduciary, trustee or agent of trusts and agencies. A professional trust company may be independently owned or owned by, for example, a bank or a law firm , and which specializes in being a trustee of various kinds of trusts.
However, a trustee may act otherwise than in accordance with the terms of the trust if all beneficiaries, being sui juris and together absolutely entitled, direct the trustee to do so (or so consent). If any question arises as to the constriction of the provisions of the trust, the trustee must approach the court for determination of the question.
Trusts are a useful tool for financial and estate planning, allowing a family to set assets aside to be passed on when someone dies. They can also help your family potentially avoid the headaches ...
To be ordained deacons, the latter must be at least 25 years old, if unmarried; if married, a prospective deacon must be at least 35 years old and have the consent of his wife. [82] In the Latin Church, married deacons are permanent deacons. In most diocese there is a cut-off age for being accepted into formation for the diaconate. [citation ...
Trusteeism and the trustee system are practices and institutions within certain parishes of the ... Robert Appleton Company. The entry cites: Taunton, The Law of ...
The Secret Service protects former presidents until they die. In Carter's case, the agents' solemn mission lasted 49 years and two months. Secret Service says goodbye to 'Deacon,' its longest-ever ...
The Rockefeller-Morgan Family Tree (1904), which depicts how the largest trusts at the turn of the 20th century were in turn connected to each other. A trust or corporate trust is a large grouping of business interests with significant market power, which may be embodied as a corporation or as a group of corporations that cooperate with one another in various ways.