trust instrument in a sentence

1. All binding requirements must be contained in the trust instrument itself.
2. Letters of wishes are useful where a trust instrument gives the trustees very wide powers and discretions.
3. When deciding if a gift has failed, attention is first turned to the wording of the trust instrument.
4. Terms of a Trust are most clear when they are explicit within the four corners of the Trust Instrument.
5. This is a default provision, and can be made irrelevant if the trust instrument contains other rules and requirements.
6. It's difficult to find trust instrument in a sentence.
7. However, notwithstanding the flexible approach taken by the law, characteristically the legal profession has taken an extremely formalised approach to trust instruments.
8. Authorizing the trustee in the trust instrument to take the minimum amount each year from the IRA will also help to defer income taxes.
9. For a living trust, the grantor may retain some level of control to the trust, such by appointment as protector under the trust instrument.
10. 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.
11. 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.
12. 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.
13. 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.
14. 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.
15. Williams says, " The trust instrument was simple and direct : ( To maintain ) ` a museum, a library and the diffusion of artistic and general knowledge.
16. 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 ).
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