Accumulation Trust - Law Dictionary Search Results
accumulation trust
Matched in: Term accumulation trust
trust
Matched in: Term trust
accumulation
Matched in: Term accumulation
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Accumulation
Matched in: Term Accumulation
Settled land
contingently on a future event, or (b) in case of a discretionary trust, or (c) a trust for accumulation, or in other cases where there is no person being a tenant for life or having his powers
Maintenance
and Wolst. And Cherry, Conveyancing Statutes. As a rule, powers or trusts for the maintenance of children and accumulation of the residue of income were included in all carefully drafted settlements and wills. 'Maintenance' must vary according … if they are entitled to the intermediate income or otherwise as provided under settlements created after 1925, see Trustee Act, 1925, s. 31, reproducing and extending the Conveyancing Act, 1881, s. 43, and Re Raine, (1929) 1
Trust
Matched in: Term Trust
fund
established by each state to compensate clients for losses suffered due to their attorneys' misappropriation of funds common trust fund : an in-house trust fund established by a bank trust department to pool the assets of many … set up by mutual insurance companies to cover unforeseen losses sink·ing fund : a fund set up and accumulated by regular deposits for paying off the principal on a debt or for other specified purposes (as self-insurance)
Widow
of the intestate. A married infant can give a receipt for income. The statutory powers for advancement, maintenance, accumulation of income and hotchpot (q.v.) are to apply and the personal representatives may allow infants to use personal … (real and personal) estate of an intestate shall be distributed in the manner or be held on the trusts mentioned in this s., namely:- (i) If the intestate leaves a husband or wife (with or without issue)
Directors
8 [Re Lands Allotment Co., (1894) 1 Ch 616]. As to their position generally, see Re Faure Electric Accumulator Co., (1889) 40 Ch D 141. The (repealed) (English) Directors Liability Act, 1890 (53 & 54 Vict. c. … be the sole director of another company [Re Bulawayo Market Co., (1907) 2 Ch 458]. Directors are not trustees, but paid confidential agents, with very extensive powers, selected to manage the affairs of the company; they are,
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