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.
Related Terms. 1. Legal entity created by a party (the trustor) through which a second party (the trustee) holds the right to manage the trustor's assets or property for the benefit of a third party (the beneficiary). The four main types of trusts are: (1) Living: trust created by the trustor while he or she is alive. (2) Testamentary: trust established through a will and which comes into effect (is created) when the trustor dies. (3) Revocable: trust that can be modified or terminated by the trustor after its creation