Second trust means the trust or trusts to which assets are or may be appointed under sub. (2).
Second trust means the trust established by the Second Trust Agreement.
Second trust means an original trust after modification or restatement under this section, or a trust to which a distribution of property from an original trust is or may be made under this section; provided, that the exercise of the power to appoint principal under this subsection (c) to a second trust by restatement or modification of the original trust does not require the retitling of property titled to the original trust or a change in any payable on death or beneficiary designations to the original trust, even if the second trust is created by a fiduciary or other person as the nominal settlor.
Examples of Second trust in a sentence
Second, trust in the insurance is fundamental, especially in a context where formal institutions are generally weak.
Second, trust and distributional measures of inequality (especially the p5010 and p9050 variables) play large and significant roles on social spending.
Second, trust is entirely decou- pled from resource ownership, which makes it possible for a small non-profit to help keep more powerful organizations, such as banks or CAs, honest.
Second, trust can facilitate an agreement, where political preferences are polarized.
Second, trust can still pick up the effect of invariant local characteristics.
More Definitions of Second trust
Second trust means (i) a first trust after modification, including a restatement of the first trust, under the Uniform Trust Decanting Act (§ 64.2-779.1 et seq.) or (ii) a trust to which a distribution of property from a first trust is or may be made under the Uniform Trust Decanting Act (§ 64.2-779.1 et seq.).
Second trust means a trust into which the income or principal of the first trust has been transferred.
Second trust means a trust established under an irrevocable trust instrument, the current beneficiaries of which are one (1) or more of the current beneficiaries of the original trust. The second trust may be a trust created under the same trust instrument as the original trust or under a different trust instrument.
Second trust means any irrevocable trust to
Second trust means an irrevocable trust that receives trust income or principal appointed by the trustee of the original trust, and may be established by any person, including, without limitation, a new trust created by the trustee, acting in that capacity, of the original trust. If the trustee of the original trust establishes the second trust, then for purposes of creating the new second trust, the requirement of NRS 163.008 that the instrument be signed by the settlor shall be deemed to be satisfied by the signature of the trustee of the original trust. The second trust may be a trust created under:
Second trust means any irrevocable trust to which principal is distributed under Section 112.072 or 112.073.
Second trust means any of the following: