MLchartDataset catalogue

Directed trust

Term · Law · MLC-T-LAW-001627

A trust structure where a trustee is relieved of certain duties and responsibilities, which are instead allocated to a third party, known as a trust director or advisor. This arrangement separates investment decisions or distribution decisions from the administrative trustee's role. Directed trusts are recognized under the Uniform Directed Trust Act, adopted by several U.S. states.

Table 1. Record
IdentifierMLC-T-LAW-001627
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-001627",
  "term": "Directed trust",
  "field": "Law",
  "definition": "A trust structure where a trustee is relieved of certain duties and responsibilities, which are instead allocated to a third party, known as a trust director or advisor. This arrangement separates investment decisions or distribution decisions from the administrative trustee's role. Directed trusts are recognized under the Uniform Directed Trust Act, adopted by several U.S. states.",
  "url": "https://mlchart.com/terminology/law/directed-trust/"
}

Record 1,496 of 5,439 in Law terminology (MLC-0107). Request the full dataset.