power in trust
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5 By 5 Power In Trust — A common clause included in many trusts allowing for beneficiary withdrawals from the trust. Specifically, 5 by 5 Power or the 5 by 5 clause , gives the beneficiary power to withdraw the greater of: a) $5,000 or b) 5% of the trust s fairmarket… … Investment dictionary
special power in trust — See special power of appointment … Ballentine's law dictionary
trust — n 1 a: a fiduciary relationship in which one party holds legal title to another s property for the benefit of a party who holds equitable title to the property b: an entity resulting from the establishment of such a relationship see also… … Law dictionary
power of appointment — power of appointment: a power granted under a deed or will authorizing the donee to dispose of an estate in a specified manner for the benefit of the donee or of others general power of appointment: a power of appointment which the donee may… … Law dictionary
Trust law in England and Wales — is the original and foundational law of trusts in the world, and a unique contribution of English law to the legal system. Trusts are part of the law of property, and arise where one person (a settlor ) gives assets (e.g. some land) to another… … Wikipedia
power of advancement — England, Wales A power that enables trustees to pay or apply capital to, or for the benefit of, a beneficiary. Trustees may apply capital for the benefit of a beneficiary by creating new trusts for him (a settled advance). A power of advancement… … Law dictionary
power — pow·er n 1: capability of acting or of producing an effect parties of unequal bargaining power 2 a: authority or capacity to act that is delegated by law or constitution often used in pl. commerce power often cap C&P: the power delegated to… … Law dictionary
Trust (social sciences) — Trust is a relationship of reliance. A trusted party is presumed to seek to fulfill policies, ethical codes, law and their previous promises.Trust does not need to involve belief in the good character, vices, or morals of the other party. Persons … Wikipedia
Power Corp. — Power Corporation du Canada Logo de Power Corporation du Canada Création 1925 Fondateur(s) Jerry Sanders et John Carey … Wikipédia en Français
Power Corporation — du Canada Logo de Power Corporation du Canada Création 1925 Fondateur(s) Jerry Sanders et John Carey … Wikipédia en Français
