- unitrust
- noun Date: 1970 a trust from which the beneficiary receives annually a fixed percentage of the fair market value of its assets
New Collegiate Dictionary. 2001.
unitrust
Look at other dictionaries:
unitrust — A right of property, real or personal, held by one person, the trustee, for the benefit of another, the beneficiary, from which a fixed percentage of the net fair market value of the assets, valued annually, is paid each year to the beneficiary.… … Law dictionary
unitrust — uni·trust … English syllables
unitrust — ˈyünə̇ˌˌ noun Etymology: uni + trust (I) : a trust from which the beneficiary receives annually a fixed percentage of the fair market value of its assets … Useful english dictionary
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grantor-retained unitrust — See: grantor retained trust Category: Wills, Trusts & Estates → Estate Tax Category: Wills, Trusts & Estates → Living Trusts & Avoiding Probate Nolo’s Plain English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009 … Law dictionary
trust — A legal entity created by a grantor for the benefit of designated beneficiaries under the laws of the state and the valid trust instrument. The trustee holds a fiduciary responsibility to manage the trust s corpus assets and income for the… … Black's law dictionary
Conrad Hilton — This article is about Conrad Hilton, Sr. For his son, see Conrad Hilton, Jr. Conrad Nicholson Hilton Born December 25, 1887(1887 12 25) Socorro County, New Mexico Territory … Wikipedia
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Planned giving — is an area of fundraising that refers to several specific gift types that can be funded with cash, equity, or property. These gift vehicles are commonly based on United States tax law, but Canada, the United Kingdom, and other nations are… … Wikipedia
