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r and the Trustees, as there is no need to induce or motivate either party to enter into the Substitution. Once the Settlor decides to exercise his Substitution Power (considered a general power of administration under Section 675 of the Internal Revenue Code) the Trustees must comply with the terms of the Trust
the Settlor alone, in a non-fiduciary capacity, decides whether to exercise the Substitution Power and what property he will substitute in place of the Trust Property. The Trustees have no power either to consent or agree. Consequently, there is no negotiation or bargaining between the Settlor and the Trustees, a
2 mentions1 same-page
Page ?Same page
r and the Trustees, as there is no need to induce or motivate either party to enter into the Substitution. Once the Settlor decides to exercise his Substitution Power (considered a general power of administration under Section 675 of the Internal Revenue Code) the Trustees must comply with the terms of the Trust
the Settlor alone, in a non-fiduciary capacity, decides whether to exercise the Substitution Power and what property he will substitute in place of the Trust Property. The Trustees have no power either to consent or agree. Consequently, there is no negotiation or bargaining between the Settlor and the Trustees, a
2 mentions1 same-page
Page ?Same page
r and the Trustees, as there is no need to induce or motivate either party to enter into the Substitution. Once the Settlor decides to exercise his Substitution Power (considered a general power of administration under Section 675 of the Internal Revenue Code) the Trustees must comply with the terms of the Trust
the Settlor alone, in a non-fiduciary capacity, decides whether to exercise the Substitution Power and what property he will substitute in place of the Trust Property. The Trustees have no power either to consent or agree. Consequently, there is no negotiation or bargaining between the Settlor and the Trustees, a
Sponsored
2 mentions1 same-page
Page ?Same page
r and the Trustees, as there is no need to induce or motivate either party to enter into the Substitution. Once the Settlor decides to exercise his Substitution Power (considered a general power of administration under Section 675 of the Internal Revenue Code) the Trustees must comply with the terms of the Trust
the Settlor alone, in a non-fiduciary capacity, decides whether to exercise the Substitution Power and what property he will substitute in place of the Trust Property. The Trustees have no power either to consent or agree. Consequently, there is no negotiation or bargaining between the Settlor and the Trustees, a
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Mutual Connections (15)
Entities connected to both Substitution Power and the Trust Property
Samantha Power
PERSON8 w/ Substitution·4 w/ the
the "Substituted Property
ORGANIZATION7 w/ Substitution·4 w/ the
Federal and New York State
ORGANIZATION7 w/ Substitution·4 w/ the
the Trust Fund of any Trust
ORGANIZATION7 w/ Substitution·4 w/ the
Settlor
ORGANIZATION7 w/ Substitution·4 w/ the
New York State
LOCATION7 w/ Substitution·4 w/ the
MW
Martin Weinberg
PERSON6 w/ Substitution·4 w/ the
RI
Richman
PERSON6 w/ Substitution·4 w/ the
Department of Taxation and Finance
ORGANIZATION6 w/ Substitution·4 w/ the
Brookhaven
LOCATION6 w/ Substitution·4 w/ the
Reacquisition of Trust Assets
ORGANIZATION6 w/ Substitution·4 w/ the
N.Y.2d 458
ORGANIZATION6 w/ Substitution·4 w/ the
the Settlor's Substitution Power
ORGANIZATION4 w/ Substitution·4 w/ the
Toscana
LOCATION4 w/ Substitution·4 w/ the
McGraw-Hill
ORGANIZATION4 w/ Substitution·4 w/ the