See also. 1  Album graecum. 2  Anaerobic digestion. 3  Chicken manure. 4  Coprophilous fungi. 5  Cow dung. 6  Dry animal dung fuel. 7  Liquid manure. 8  Manure spreader.
In cases in which a family is subject to a trust whose provisions do not account for significant changes to the business or the family, we may discuss the possibility of decanting the trust. Decanting a trust is a process in which the assets of an existing trust âpour intoâ a new trust, which is structured to address the incorrect or conflicting matter. Vogel worked with a family that had assets âtrappedâ inside a trust that would be included in the surviving spouseâs taxable estate.
So here's a quick summary of what a trust is, and why someone would create one in the first place. A trust is an agreement in which one person (the settlor) agrees to transfer property to another (the trustee) who manages that property for the benefit of someone else (the beneficiary).The settlor must legally transfer ownership of the assets to the trustee of the trust.he trust -- in the person of the trustee -- becomes the new legal owner, and the trustee becomes the new manager. The most common kind of trust is a living trust, created to avoid probate court proceedings when the settlor dies. With most living trusts, the settlor is also the first trustee and beneficiary.