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1 Oct 2016, 10:37 am by Anne Rabuck
A trust is a legal arrangement where one person (or institution such as a bank or law firm), called a trustee, holds legal title to property for another person, called a beneficiary. [read post]
8 Oct 2009, 7:35 pm
One of the community bankers on the phone with members of Congress in recent weeks is John Conover, CEO of San Mateo-based Borel Private Bank & Trust Co. [read post]
18 May 2014, 11:04 am by Brian E. Barreira
Overemphasis on one or two provisions of the trust is not permissible under Massachusetts trust law. [read post]
18 May 2014, 11:04 am by Brian E. Barreira
Overemphasis on one or two provisions of the trust is not permissible under Massachusetts trust law. [read post]
8 Mar 2012, 8:11 pm
From this trust account, the bank will pay one-third of the income or interest earned by the trust fund to the nephew until he died. [read post]
24 Jul 2022, 7:13 am by Russell Knight
La Grange State Bank, 73 Ill. 2d 342, 359 (Ill. 1978) If one party to the marriage is the beneficiary in word or in fact of the trust, that’s an illusory transfer. [read post]
9 May 2024, 12:00 pm by Tim Hewson
A Trust is set up to allow one person to manage the assets on behalf of somebody else. [read post]
9 May 2022, 9:45 am by Marsha Tesar
Simply put, trusts are used to transfer assets from one person to another person, or institution, such as a nonprofit or a bank. [read post]
24 Jan 2011, 7:45 pm by Anthony Lake
One of the defendants is State Senator Jack Murphy, a former bank official and the new Chairman of the Senate Banking Committee. [read post]
3 Sep 2017, 4:30 pm by Liza Hanks
While it is true that everyday bank accounts that don’t accumulate much money (the ones you use to pay bills) are usually not put into a living trust, larger accounts are. [read post]
26 Dec 2016, 8:01 am by Kenneth Vercammen, Esq.
Trusts in NJThe term trust describes the holding of property by a trustee (which may be one or more persons or a corporate trust company or bank) in accordance with the provisions of a written trust instrument for the benefit of one or more persons called beneficiaries. [read post]
22 Aug 2017, 9:10 am by Wolfgang Demino
Schedule B of the Trust Agreement lists the loan originators (private student loan program lenders) as follows: SCHEDULE B: ORIGINATING BANKS Bank of America, N.A., Charter One Bank, N.A., Citizens Bank of Rhode Island, Comerica Bank, HSBC Bank USA, National Association, The Huntington National Bank, InsurBanc, JPMorgan Chase Bank, N.A., KeyBank National Association, Manufacturers and Traders… [read post]
17 Aug 2012, 1:54 am by Kevin LaCroix
  Haven Trust Bank of Duluth, Georgia was one of the first banks to fail as part of the current bank failure wave. [read post]
17 Jan 2014, 7:02 am
For instance, the client needs to advise its financial institution that their bank account should be titled in the name of the trust and provide the name of the trustee, so that the bank account does not continue to be held in their individual name. [read post]
4 Nov 2013, 1:57 pm
Step 1: Read the entire Trust and all amendments If you do not have a copy of the trust, request one. [read post]
26 Jul 2016, 3:24 pm by Anne Rabuck
A trust is a legal arrangement where one person (or an institution such as a bank or law firm), called a “trustee”, holds legal title to property for another person, called a “beneficiary”. [read post]
26 Jul 2016, 3:24 pm by Anne Rabuck
A trust is a legal arrangement where one person (or an institution such as a bank or law firm), called a “trustee”, holds legal title to property for another person, called a “beneficiary”. [read post]
23 Apr 2013, 4:00 pm by Trusts EstatesProf
Ten years after a mother’s death, one of her daughters petitioned the court to terminate the trust created... [read post]
24 Jan 2014, 2:39 am
Indeed, nearly a decade ago, Steve Knack, a senior economist at the World Bank claimed that over 99% (!) [read post]
26 May 2022, 8:45 am by David W. Miller
Some assets that people can fund a trust with include financial accounts, like stocks, mutual funds, bank savings accounts, and money market funds. [read post]