Sentence examples for trust instrument from inspiring English sources

Yet we still don't know exactly what the trust instrument states.

The trust instrument, which governs the trust, dictates who controls Viacom and CBS upon Mr. Redstone's death or incompetency.

A trustee has such powers as are expressly granted by the trust instrument, are implicit in it, or, as in England, are conferred by statute.

"It was at that point that I became concerned that I might not be able to insulate myself from knowledge of my holdings, that this trust instrument wasn't working the way I wanted it to," Mr. Obama said.

"No matter what you write into the trust instrument, there are no ironclad guarantees that the company won't be sold.

The income beneficiary (typically the donor, singly or with his or her spouse) receives a specified distribution from the trust each year, and at the end of the trust term, the remaining trust assets go to a charity the donor names in the trust instrument.

These discussions are taking place against a backdrop of changing estate tax laws, innovative trust instruments, armies of newly minted wealth advisers, a troubled economy with markets in upheaval and family ties that are complicated by divorce, remarriage, adoption and domestic partnership.

Important Considerations An effective trustee should be an intelligent, well-trained, knowledgeable and dispassionate actor who properly executes the demands of trust instruments using common sense without fear or favor.

Trust instruments should ideally identify that the money is to be used for "charitable purposes".

As a general rule, there is no requirement for particular formalities in trust instruments, they can be oral or written.

"For the vast bulk of our people, the legal system is not a trusted instrument of justice.