trust with


Also found in: Idioms.
See: delegate
References in classic literature ?
I told him my circumstances at large: that I was a widow come over from American, perfectly desolate and friendless; that I had a little money, and but a little, and was almost distracted for fear of losing it, having no friend in the world to trust with the management of it; that I was going into the north of England to live cheap, that my stock might not waste; that I would willingly lodge my money in the bank, but that I durst not carry the bills about me, and the like, as above; and how to correspond about it, or with whom, I knew not.
The Fifth Circuit ruled that the will provided for one trust with charitable and noncharitable beneficiaries; the same property funded all three purposes.
We talked to leaders and communicators in several such organizations to discover insights into and best practices for building trust with key stakeholders, as well as how to make communication a pivotal part of the process.
For example, the unit price for a royalty trust with an interest in gas wells would be tied directly to the underlying price of gas.
The lack of a relationship between trust assets and fees may be a burden, especially for a smaller trust with demanding interested parties or complicated issues that run up hourly fees.
Thus, gifts to a trust with multiple beneficiaries, including the spouse, can be split only to the extent it is possible to determine at the time of the gift the third-party beneficiaries' interest and separate it from the spouse's interest.
First, only a small percentage of the divorcing population has the wealth to fund a trust with an amount sufficient to obtain significant economic and tax benefits relative to the trust's costs.
The use of a true-worth, pecuniary funding formula has tax implications when funding the pecuniary trust with appreciated or Income in Respect of the Decedent assets.
Funding a bypass trust with retirement plan assets could have adverse income tax consequences.
The portion of the trust with the S stock is taxed at a flat rate equal to the highest rate imposed on trusts and estates (currently, 35% on ordinary income and 15% on net long-term capital gain), with no deduction allowed for distributions to beneficiaries; see Sec.
16040 provides that the trustee must administer the trust with reasonable care, skill and caution under the then-prevailing circumstances that a prudent person acting in a like capacity would use in the conduct of an enterprise of like character and with like aims to accomplish the purposes of the trust as determined from the trust instrument.
source, it must file Form 3520, Annual Return to Report Transactions With Foreign Trusts and Receipt of Certain Foreign Gifts; Form 3520-A, Annual Information Return of Foreign Trust With U.S.