MLchartDataset catalogue

Trust instrument

Term · Law · MLC-T-LAW-005003

The written document that creates a trust and sets forth its terms, including the identification of the settlor, trustee, and beneficiaries, as well as the powers and duties of the trustee. This document, which can be a trust agreement or declaration of trust, governs the administration and distribution of the trust assets. It must comply with state law requirements for valid trust formation.

Table 1. Record
IdentifierMLC-T-LAW-005003
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-005003",
  "term": "Trust instrument",
  "field": "Law",
  "definition": "The written document that creates a trust and sets forth its terms, including the identification of the settlor, trustee, and beneficiaries, as well as the powers and duties of the trustee. This document, which can be a trust agreement or declaration of trust, governs the administration and distribution of the trust assets. It must comply with state law requirements for valid trust formation.",
  "url": "https://mlchart.com/terminology/law/trust-instrument/"
}

Record 5,116 of 5,445 in Law terminology (MLC-0107). Request the full dataset.