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Pure equity trust
| Глоссарий по оффшорам |
A special type of irrevocable trustmarketed by promoters. the trust assets are obtained by an exchange of acertificate of beneficial interest in return for the assets, as opposed totraditional means, such as by gifting.
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Irrevocable, английский
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Pure trust, английский
A contractual trust as opposed to a statutorytrust, created under the common law. a pure trust is one in which there mustbe a minimum of three parties(the creator or settlor (never grantor), thetrustee and the beneficiary(and each is a separate entity. a pure trust isclaimed to be a lawful, irrevocable, separate legal entity.
Probate, английский
- The legal process for the distribution of theestate of a decedent.
- Официальное утверждение завещания судом нотариально заверенная копия завещания
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