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Topic: Honorary trust

	Executive Staff \| National Trust for Historic Preservation
		Under his direction, the National Trust has greatly strengthened its financial base, reaffirmed its commitment to expanding and diversifying the organized preservation movement, become an outspoken and effective advocate of controlling sprawl and encouraging smart growth, and launched innovative initiatives to demonstrate preservation’s effectiveness as a tool for community revitalization.
		Earlier, he was director of the Trust’s Southern Office in Charleston, S.C. Before joining the National Trust staff, he held state and regional preservation positions in Georgia, was director of the Historic Staunton Foundation in Virginia, and was founding director of the statewide Preservation Alliance of Virginia.
		Before joining the National Trust staff, she was a consultant to nonprofit and for-profit developers of affordable housing and later served as State Historic Preservation Officer for Vermont.
	www.nationaltrust.org /about/management.html (905 words)

	Trust law - Wikipedia, the free encyclopedia
		In order to qualify as a charitable trust, the trust must have as its object certain purposes such as alleviating poverty, providing education, carrying out some religious purpose, etc. The permissible objects are generally set out in legislation, but objects not explicitly set out may also be an object of a charitable trust, by analogy.
		A resulting trust is the form of implied trust which occurs where a trust fails, wholly or in part, as a result of which the settlor becomes entitled to the assets.
		The trust has proved to be such a flexible concept that it has proved capable of working as an investment vehicle: the unit trust.
	en.wikipedia.org /wiki/Trust_(property) (5568 words)

	Honorary trust - Wikipedia, the free encyclopedia
		An honorary trust, under the law of trusts, is a device by which a person establishes a trust for which there is neither a charitable purpose, nor a private beneficiary to enforce the trust.
		While such a trust would normally be void for lack of a beneficiary, many jurisdictions have carved out two specific exceptions to this rule: trusts for the care of that person's pets; and trusts to provide for the maintenance of cemetery plots.
		The name of the device derives from the lack of any beneficiary legally capable of enforcing an honorary trust: the trustee is bound by honor, but not by law, to carry out the wishes of the creator of the trust.
	en.wikipedia.org /wiki/Honorary_trust (156 words)

	[No title] (Site not responding. Last check: 2007-10-19)
		A trust created by means of a promise enforceable by the trustee to transfer property to the trustee is valid notwithstanding that the trustee may resign or die prior to the transfer.
		A trustee is entitled to be repaid out of the trust property, with interest as appropriate, for: (1) expenditures that were properly incurred in the administration of the trust; and (2) to the extent that they benefitted the trust, expenditures that were not properly incurred in the administration of the trust.
		The duty to administer the trust with prudence is a fundamental duty of the trustee, which is not affected by whether the trustee receives compensation but which may be altered by the terms of the trust.
	www.law.upenn.edu /library/ulc/uta/trust197.txt (17272 words)

	Michigan State University College of Law
		The trust terminates upon the death of the animal or, if the trust was created to provide for the care of more than one animal alive during the settlor's lifetime, upon the death of the last surviving animal.
		Property of a trust authorized by this section may be applied only to its intended use, except to the extent the court determines that the value of the trust property exceeds the amount required for the intended use.
		Trusts under this section shall be liberally construed to presume against the merely precatory or honorary nature of the disposition, and to carry out the general intent of the transferor.
	www.animallaw.info /statutes/topicstatutes/sttowill.htm (2952 words)

	The Law of Trusts for the Care of Pets
		That is, most trust agreements contain a so-called “perpetuities savings clause” providing that, regardless of what the rest of the trust agreement says, all beneficial interests in the trust must terminate or be distributable no later than some designated period in compliance with the applicable rule against perpetuities.
		The original 1990 version of UPC §2-907 simply placed the pet trust within the common law perpetuities period and provided that a pet trust terminates upon the earlier of: (a) the death of the last animal covered by the pet trust; or (b) 21 years after the establishment of the pet trust.
		Note that although the New York statute is entitled “Honorary trusts for pets”, it provides that the pet trust may be enforced by an individual designated in the trust instrument or appointed by the court upon petition.
	estateplanningforpets.org /legal-primer-trusts.htm (1350 words)

	OSCN Found Document:Trusts: Monkeying Around With Our Pets' Futures: Why Oklahoma Should Adopt a Pet-Trust Statute (Site not responding. Last check: 2007-10-19)
		Although the court recognized the trust as unenforceable and subject to the exercise of a power of the trustee, it held that the trust was not unlawful, and therefore could be performed.
		The original UPC extended a trust's coverage to a pet's offspring, perhaps recognizing that many who would take advantage of a pet trust are concerned not only for their pet but for all its progeny, born or unborn, who are dependent upon the guardian.
		A garden-variety trust for a family member not only contributes little or nothing to public welfare, but can last much longer than that of a pet trust, because the lives of animals are generally less than those of humans.
	www.oscn.net /applications/oscn/deliverdocument.asp?citeid=435730 (12715 words)

	Providing for Pets in the Estate Plan
		Although a trust for the benefit of a pet is considered by statute to be valid in Missouri, a pet trust is unenforceable because the pet can neither sue the trustee for breach of his fiduciary duties nor otherwise compel the trustee to carry out the terms of the trust.
		However, an honorary trust for the benefit of a pet can achieve the goals of the owner to direct his or her desire for the care treatment of their pets and to set aside funds for those purposes.
		For example, drafting the trust to provide for the pet for life (not to exceed 21 years, of course) and the remainder to the trustee upon the pet’s death may provide an incentive for the pet to meet with an untimely death.
	www.bamsl.org /archived/stlawyer/archive/01/jan01/Lynn.htm (933 words)

	Trust List trust terms trust estate planning info trust law estate planning tax planning
		A Charitable Remainder Trust is a trust in which during the life of the trust an amount is paid not less than annually to the grantor or to another non-charitable beneficiary.
		Upon the termination of the trust (usually after a term of years or an individuals life), the remainder of the assets in the trust are given to the charitable beneficiary.
		This type of trust is considered a grantor trust resulting in the income generated being taxed to the settlor and the assets in the trust at the settlors death being included in the settlors taxable estate.
	www.castleestateplanning.com /trust_list.php (3792 words)

	Additional EP (Site not responding. Last check: 2007-10-19)
		An honorary trust is a trust established to provide for the care of a named animal upon the death of the caregiver.
		The money from an honorary trust is dispensed periodically or all at once to the designated caregiver of a named companion animal upon the death of the trustee.
		Although honorary trusts are unenforceable by the animal, honorary trusts are a recognized and useful way of providing for the care of a companion animal.
	www.animallaw.net /new_page_10.htm (580 words)

	Barts and The London NHS Trust : Honorary contracts
		However, you must ensure that the directorate you are intending to use within Barts and The London NHS Trust (BLT) as the source of your subjects (staff or patients) is aware of your research and happy for you to use BLT as your base.
		According to the DoH: ‘Although there is no such thing as an NHS wide honorary contract, the intention is that where a researcher works across many NHS organisations they should not have to obtain multiple contracts … they would obtain an honorary contract from the main NHS organisation they work with.
		If you have a contract from an NHS Trust other than BLT you should check with the Directorate your research will be based in to see whether they will accept the terms and conditions attached to your contract.
	www.bartsandthelondon.org.uk /research/honorary_contracts.asp (707 words)

	Graduate Studies Prospectus: The Cambridge Trusts (Site not responding. Last check: 2007-10-19)
		The Cambridge Trusts currently support over 2,000 students in residence at Cambridge and gratefully acknowledge the generous help they have received from their many donors and collaborators.
		The Cambridge European Trust was established in 1995 under the Chairmanship of His Royal Highness the Duke of Edinburgh to provide part-cost financial assistance to help outstanding students from countries of the European Union (excluding the United Kingdom) to take up their places at Cambridge.
		The Cambridge Commonwealth Trust, the Cambridge Overseas Trust and the Cambridge European Trust offer a number of scholarships and bursaries, under a multiplicity of schemes, to enable candidates of outstanding academic merit from around the world (excluding the United Kingdom) to pursue courses of study at the University of Cambridge.
	www.admin.cam.ac.uk /univ/gsprospectus/funding/overseas/trusts.html (462 words)

	Other Publications at Holland & Knight
		While pet trusts are commonly measured in the lives of the pets that they are intended to benefit, the rule against perpetuities requires that a trust be measured in human lives.
		Wisconsin has an honorary trust statute that does not specifically refer to pet animals but that permits a transferee to apply trust property to any purpose that is not capricious.
		Generally, a charitable remainder trust is a trust that provides for a specified distribution, at least annually, to at least one beneficiary who is not a charity, for life or for a term of years, with an irrevocable remainder interest to be held for the benefit of or paid to a charity.
	www.hklaw.com /publications/otherpublication.asp?ArticleID=1206 (3961 words)

	Ballona Wetlands Land Trust Presents Honorary Deed For Land To Steven Spielberg (Site not responding. Last check: 2007-10-19)
		GREAT VISUAL: Enormous honorary land deed naming Steven Spielberg as grantee will be presented to the public on behalf of anonymous donor who recently donated $1000 to the Land Trust's Land Acquisition fund.
		The conceptual element of the Ballona Wetlands Land Trust's land acquisition campaign is its Foot-Buy-Foot Honorary Deed.
		The Ballona Wetlands Land Trust is a non-profit community organization dedicated to the acquisition, restoration and preservation of the entire Ballona Wetlands Ecosystem.
	www.bttf.com /news/99071601.htm (455 words)

	"Pet Trust"
		Subject to a caveat discussed below, an animal cannot be a beneficiary of a traditional trust for a number of reasons, not the least of which is the simple fact that it cannot bring its own case to enforce the trust before a court.
		Although a statutory pet trust offers a level of protection for the pet that is not present with an honorary trust, there are a number of limitations.
		The trick is to transfer the pet itself and the caretaking funds into the trust, as trust property, name the caretaker who takes care of the pet as a beneficiary of the trust, and designate the party who will watch over the caretaker and the caretaking funds as the trustee of the trust.
	estateplanningforpets.org /faq7.htm (472 words)

	Leave a Legacy - Animal Rescue League Of Iowa (Site not responding. Last check: 2007-10-19)
		Whether you are making a will, rewriting an existing will, setting up a trust, establishing a charitable gift annuity or a gift through life insurance, think about making a gift that will benefit animals and provide for their future as well.
		Iowa law provides for the existence of honorary pet trusts, which allow for a pet owner to ensure his or her pets are well provided for.
		This trust will be a testamentary trust meaning that it will come into being at the time of your death.
	www.arl-iowa.org /support/legacy/legacy.asp (845 words)

	Wills and Trusts Review Session Three
		property - trust is a conveyance and thus must have property; any property will work as long as the settlor can transfer that property to the trust; the settlor must actually get the property transferred: deliver for personal property; registering stock or securitites
		resulting trust - things that are not express trusts - instead where the court implies a trust like relationship under the circumstance; under the conduct looks like the parties wanted a trust but they never expressed trust intent
		constructive trust - not express or implied - is an equitable remedy to prevent unjust enrichment when an evil person has acquired property through unconscionable means; pretend like they are trustee and then allow person that should have got trust property
	home.pon.net /jmt/law/TwoL/wt/wtreview3.htm (2086 words)

	Personnel Services > Managers: Grading: Whitley Council Nursing posts (Site not responding. Last check: 2007-10-19)
		The Trust requires that all new nurse job descriptions are in line with the requirements of the NMC (the regulatory body for Nursing, Midwifery and Health Visiting), including the NMC requirements regarding Post Registration Education and Practice (PREP) standards.
		In addition to using this procedure to apply for honorary contracts for new appointees, clinical departments are advised to consult with their nursing staff and to revise existing job descriptions to meet these requirements in discussion with them.
		This may require liaison with the Trust to allow university nurses access to suitable opportunities such as seminars, courses, or practical clinical observation, including the study of new techniques.
	www.admin.ox.ac.uk /ps/managers/grading/whitley/nurses.shtml (3011 words)

	Indian Trust - Cobell v. Kempthorne
		As I told the committee at a March 29 hearing, whatever this letter purports to be, it is not a proposal to settle the Cobell case.
		In other words, it would kill our lawsuit, leaving trust beneficiaries no chance of recovering the monies that the government took from their accounts decades ago.
		There is no restriction on oral (spoken) communications between the government and Individual Indian trust beneficiaries for those who wish to sell, exchange, convey or convert their Trust land.
	www.indiantrust.com (1030 words)

	About the World Land Trust Conservation Charity (non-profit), Patrons: Sir David Attenborough & David Gower OBE
		Since its foundation in 1989 as the World Wide Land Conservation Trust, the World Land Trust has been working to preserve the world's most biologically important and threatened lands, and has helped purchase and protect over 350,000 acres of habitats rich in wildlife, in Asia, Central and South America and the UK.
		The Trust is also helped by a number of special advisors as well as interns, students and other volunteers.
		The WLT has a policy of working with local partner organisations, and the Trust does not normally play a direct role in the ownership or the management of the land it conserves.
	www.worldlandtrust.org /about (224 words)

	Borletti Buitoni Trust
		The Trust was established in April 2002 to help young concert artists, in as flexible and innovative way as possible, to develop and sustain burgeoning international careers.
		Working in partnership with managers, concert promoters, broadcasters, publishers and recording companies the Trust endeavours to nurture selected musicians by encouraging their musical growth and providing an extended platform of opportunities which will help them gain greater public recognition.
		The Trust has also formed an honorary committee of internationally renowned musicians who have agreed to either perform with or provide performance opportunities for our chosen artists.
	www.bbtrust.com (292 words)

	The Global Crop Diversity Trust
		Bert is also an Honorary Fellow of the Trust - 20% of his working week is dedicated to the Trust, as a contribution to our work from the Dutch government.
		The Global Crop Diversity Trust and its partner the United Nations Foundation announced today a joint initiative to safeguard 21 of the world’s most critical food crops through securing their seeds.
		The Trust and the International Rice Research Institute have unveiled an agreement to secure the the world's largest repository of rice varieties - conserving forever the extraordinary diversity of arguably the world's most important crop.
	www.croptrust.org /main (621 words)

	The Thoreau Farm Trust
		The Thoreau Farm Trust has received approval to take title of the Henry David Thoreau Birth House from the Town of Concord.
		The Thoreau Farm Trust's ambitious effort to save and restore the Thoreau birthplace received a major boost with a visit and presentation by poet Robert Pinsky.
		Thrice named the U.S. Poet Laureate, Pinsky, who serves as honorary chair of the Trust's campaign to preserve the birthplace, spoke to an admiring audience at Concord Academy on a recent Sunday afternoon.
	www.thoreaufarm.org (178 words)

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