Ties That Bind
2010
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A film by Molly CastelloeAvailable for educational use:www.bullfrogfilms.com/catalog/blind.html BLIND TRUST celebrates the life and work of psychiatrist and ...
- 2 min
- 1497
- Bullfrog Films
Dec 7, 2023 · A blind trust is a rather unique concept for many people as it predominantly applies to politicians and government officials. ... Educational library includes in-depth articles and videos for any ...
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Who is the trustee for a blind trust?
What is an example of a blind trust?
How do you set up a blind trust?
What is the purpose of a blind trust?
In a traditional trust, the trust creator and the trustee are usually either the same person or they communicate often to make decisions about the trust. But...
- 5 min
- 1835
- Law Offices of Daniel A. Hunt
- What Is A Blind Trust?
- How Does A Blind Trust Work?
- Reasons to Establish A Blind Trust
- How to Set Up A Blind Trust
A blind trust is a type of living trust, either revocable or irrevocable, that grants full control of assets to the trustee. The trustee for a blind trust cannot be the trustor. The trustee must be a third party who doesn’t have a close, personal relationship to the trustor. This is necessary for a blind trust to serve its intended purposes: avoid ...
State and federal laws govern blind trusts, so people who wish to establish one must enlist the help of an experienced lawyer. The key difference between a blind trust and other types of living trusts is that neither the trustor nor his or her beneficiaries have the authority to manage any aspect of the trust or the assets held in it after the blin...
The purpose of a blind trust is most often to avoid conflicts of interest that may arise for trustors in specific positions or situations. For example, a retiredbusiness executive who owns a large stake in her company’s stock might become a member of the local city council. Because this political position requires her to act objectively, all possib...
Setting up a blind trust may be part of estate planningor a separate transaction to address a specific need. Depending on a person’s situation, a blind trust may be established in a number of ways. Lottery winners typically hire a lawyer to serve as the trustee and they name themselves the trustor, or grantor, and beneficiary. Government officials ...
Jul 9, 2021 · Blind Trust: A trust in which the trustees have full discretion over the assets, and the trust beneficiaries theoretically have no knowledge of the holdings of the trust. The trustor initiates the ...
- Will Kenton
Aug 4, 2021 · Establishing a blind trust basically involves drawing up a document that the grantor signs to give full power of attorney over the trust assets to an independent, third-party trustee (In contrast ...
BLIND TRUST is about the peacemaking work of Vamik Volkan, a psychoanalyst who has spent a lifetime bringing enemy groups together for dialogue in traumatized regions of the globe. Professor Volkan is at the forefront of understanding societal conflict from a psychological perspective. His field work in conflict resolution is unparalleled.
