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| law |
irrevocable trust (Правительство предлагает ввести в России понятие безотзывного траста, заявил министр финансов Антон Силуанов на встрече президента Владимира Путина с кабинетом министров в среду, 25 марта. "Речь идёт об освобождении от налога на нераспределенную прибыль учредителей траста, которые не имеют права распоряжения, управления имуществом этого траста", – добавил он. vatnik) |
| law, jarg. |
irrevocable (=irrevocable trust: There are two primary types of trusts: revocable trusts and irrevocable trusts. With a revocable trust, also known as a living trust, the creator can change or dissolve it and make a new estate plan at any point. However, many family trusts are established as irrevocable trusts. Once the grantor finalizes an irrevocable trust, there is little freedom to make changes. That is because the property transferred to an irrevocable is no longer legally the property of the person or persons who initially formed the trust. A family trust can therefore hold its assets for the trust’s beneficiaries regardless of life-changing events. • An irrevocable is a device that allows you to place your assets under the care of another person based on terms that you determine in advance. • The biggest disadvantage of an irrevocable is that you cannot change or terminate it without the approval of your beneficiaries. 'More) |
