JD Supra

Does a Declaration of Trust Ownership Convert a Beneficiary Designation to a Trust Asset?

In the recent case of Schaddelee as Cotrustee of Ronald Schaddelee Irrevocable Trust v. Deleon as Cotrustee of Ronald Schaddelee Irrevocable Trust, 2023 WL 4143639 (Mich Ct App Jun 22, 2023) ...
Nasdaq

What Is a Declaration of Trust?

A declaration of trust is the document that establishes a legal trust. It also defines the major elements of the entity, such as the beneficiaries and trustees. Once a trust has been established, a ...
KTLA

LUB Liquidating Trust Declaration of Distribution of $0.44 Per Unit

Holders of member interests in the Trust are reminded that the conversion of Luby's, Inc. to the Trust occurred on May 31, 2022. As previously disclosed, member interests in the Trust are generally ...
Nasdaq

ERES Unitholders Approve Key Amendments to Trust Declaration

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JD Supra

When a written informed consent to a lawyer’s or trustee’s self-dealing may not be worth the paper it is written on

Assume lawyer (agent) drafts for client (principal) a revocable trust declaration that designates lawyer as successor trustee and confirms trustee’s entitlement to compensation. As lawyer seeks to ...
Business Wire

Slate Office REIT Postpones Special Meeting to Amend Declaration of Trust to January 15

TORONTO--(BUSINESS WIRE)--Slate Office REIT (TSX: SOT.UN) (the “REIT”) announced today that the board of trustees of the REIT has decided to postpone the special meeting of unitholders that was ...