ˌma-sə-ˈchü-səts-, -zəts- : company trust During this entry — naked land trust : land rely on In this particular entry — naked trust : passive rely on During this entry — nominee belief : a have confidence in developed for the purpose of holding home for beneficiaries whose identities are stored mystery — oral have confidence in : a rely on made with the settlor's spoken statements especially for the goal of transferring authentic property as Section of an agreement among the settlor and also the trustee — passive trust : a belief or use less than which the trustee has no obligations to carry out : a have faith in by which legal and equitable titles are merged inside the beneficiaries
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They also acquire certificates as evidence of their curiosity inside the have confidence in, which provides the holder with the legal rights of a shareholder aside from voting legal rights.
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— protective believe in : a belief that makes an attempt to protect property from the beneficiaries' creditors by providing that it is within the trustee's discretion to refuse to pay for a beneficiary or that a beneficiary forfeits his / her interest from the believe in on a creditor's make an effort to arrive at it — purchase dollars resulting belief : a resulting belief arising wherever not abolished by statute when house is purchased with title while in the title of one person but using the cash of One more — QTIP believe in
[ C normally singular ] a time period of extreme enjoyment or pleasure when you are feeling brimming with Electrical power, often a result of a sense of results, or by prescription drugs or alcohol or perhaps a religious practical experience: