direct trust Synonyms

No Synonyms and anytonyms found

direct trust Meaning

Wordnet

direct trust (n)

a trust created by the free and deliberate act of the parties involved (usually on the basis of written documentation)

direct trust Sentence Examples

1. The trust they placed in her was a direct result of her honesty and integrity.
2. The law states that a direct trust must be in writing and signed by the settlor.
3. The direct trust agreement clearly stated the duties and responsibilities of the trustee.
4. The beneficiaries of the direct trust were informed of their rights and entitlements.
5. The trustee of the direct trust was required to invest the trust assets in accordance with the terms of the trust agreement.
6. The trustee of the direct trust was required to provide regular accounting to the beneficiaries.
7. The direct trust was subject to the laws of the jurisdiction in which it was created.
8. A direct trust can be used to provide for the financial security of a loved one.
9. A direct trust can be used to protect assets from creditors.
10. A direct trust can be used to reduce taxes.

FAQs About the word direct trust

What is the meaning of the word direct trust

a trust created by the free and deliberate act of the parties involved (usually on the basis of written documentation)

What are the synonyms of the word direct trust

No synonyms found.

What are the antonyms of the word direct trust

No antonyms found.

What is the usage of word direct trust

The trust they placed in her was a direct result of her honesty and integrity.

The law states that a direct trust must be in writing and signed by the settlor.

How to use the word direct trust in a sentence?

The direct trust agreement clearly stated the duties and responsibilities of the trustee.

The beneficiaries of the direct trust were informed of their rights and entitlements.