trust instrument การใช้

• All binding requirements must be contained in the trust instrument itself.
• Letters of wishes are useful where a trust instrument gives the trustees very wide powers and discretions.
• When deciding if a gift has failed, attention is first turned to the wording of the trust instrument.
• Terms of a Trust are most clear when they are explicit within the four corners of the Trust Instrument.
• This is a default provision, and can be made irrelevant if the trust instrument contains other rules and requirements.
• However, notwithstanding the flexible approach taken by the law, characteristically the legal profession has taken an extremely formalised approach to trust instruments.
• Authorizing the trustee in the trust instrument to take the minimum amount each year from the IRA will also help to defer income taxes.
• For a living trust, the grantor may retain some level of control to the trust, such by appointment as protector under the trust instrument.
• In some cases dependent upon the trust instrument, the trustees must make discretionary decisions as to whether beneficiaries should receive trust assets for their benefit.
• However one looks at it, the project was a hazardous speculation upon which no trustee could properly have ventured without explicit authority in the trust instrument.
• Section 21 identifies that review and liability occurs when the trustees appoints agents, nominees and custodians under the Act or under similar provisions in the trust instrument.
• Although in most legal systems there are certain formalities associated with settling a trust, most legal systems impose few, if any, structures on the trust instrument itself.
• In trust law, a "'protector "'is a person appointed under the trust instrument to direct or restrain the trustees in relation to their administration of the trust.
• Williams says, " The trust instrument was simple and direct : ( To maintain ) ` a museum, a library and the diffusion of artistic and general knowledge.
• Is it not even clear if as a matter a law a protector would owe beneficiaries ( although in practice, many trust instruments expressly state that they shall ).
• To the contrary, it reflects the trustees desire to operate the school in a manner best suited to current economic realities within the boundaries of the trust instrument . 
• A trustee carries the fiduciary responsibility and liability to use the trust assets according to the provisions of the trust instrument ( and often regardless of their own or the beneficiaries'wishes ).
• This land may only be bought in Britain; if trustees wish to purchase land outside Britain, they must either invest in companies which own land or alter the trust instrument to allow it.
• The first thing a trustee must do, as I am told and as I learned by watching a few fairly complicated court cases a few decades ago, is to carefully read the trust instrument.
• The Japanese unit of American Family Life Insurance Co . of the U . S . will hire 500 saleswomen who sold securities and investment trust instruments for Yamaichi Securities on a contract basis.