Accumulation Trust
ACCUMULATION TRUST
An arrangement whereby property is transferred by its owner—the settlor—with the intention that it be administered by someone else—a trustee—for another person's benefit, with the direction that the trustee gather, rather than distribute, the income of the trust and any profits made from the sale of any of the property making up the trust until the time specified in the document that created the trust.
Many states have laws governing the time over which accumulations may be made.
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5-33, Kitahama 4-chrome
Chuo-ku
Osaka 540-8639
Japan
Telephone: (06) 6220-2121
Fax: (06) 6220-2043
Web sit… Wrekin Trust , Wrekin Trust
British based New Age organization, "concerned with the spiritual nature of Man and the Universe. It was not affiliated to any particula…
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NEARBY TERMS
Accumulation Trust