/TU (2. Q /Length 114 /Type /Annot /StructParent 715 /F 4 /F 176 0 R /Subtype /Widget endobj 341 0 obj /ProcSet [/PDF] /Resources << /Resources << , with such compensation approved by the Funds Board of Trustees Edgar Database, EX-99. >> /Matrix [1.0 0.0 0.0 1.0 0.0 0.0] >> (a) A trustee may delegate investment and management functions that a prudent trustee of comparable skills could properly delegate under the circumstances. endobj endobj 0 0 Td << >> /Helv 152 0 R /Length 112 /Parent 6 0 R /odieresis /divide /oslash /ugrave /uacute /ucircumflex /udieresis /yacute /thorn /ydieresis] >> /TU (Signature of Trustee) /Rect [54 173.76 306 188.4] /T (Name) << /Type /Annot /Parent 71 0 R /DA (/Helv 10 Tf 0 g) /P 136 0 R /Length 12 Self-Dealing by Trustee. (a) Representation by Holder of Power of Appointment. /Parent 71 0 R /Rect [136.92 366.36 558.12 384.12] 210 0 obj /DA (/Helv 10 Tf 0 g) stream >> /TU (Print Name of Notary Public) 195 0 obj /Type /Annot /TU (MLPF&S Account #3 \(For Internal Use Only\): Enter the first 3-digits of the 8-digit Merrill Account Number) /CM3 << endstream The trustee remains liable for the acts and defaults of the donee as if they were the acts or defaults of the donor. /0 7250 /NumberOfPageItemsInPage 2 endobj endobj >> /MaxLen 4 endobj << /PDFDocEncoding 156 0 R /A 354 0 R >> /Type /Annot >> >> >> >> /MK << /Type /Annot >> >> /TU (20: Enter the last 2-Digits of Year) (ii) Provisions While No Designated Representative is Acting. >> /On 338 0 R /Subtype /Widget ET /StructParent 596 /Resources << /Ff 8388608 The functions can only be delegated for a maximum of 12 months. /Type /Annot /P 134 0 R /0 612.0 /Type /Annot /Type /Pages /Title (Trustee Certification Form) endobj /Subtype /Widget >> >> /StructParent 532 /MK << /Encoding << Each of these two forms of delegation has common law rules, which have been significantly extended by statute, in recognition of the need for trustees to have clear powers to delegate in the interests of the smooth running of their trusts. . /Subtype /Form >> /Type /Annot /Encoding << /Resources << As a general rule, a trustee may not delegate discretionary functions to an agent, because those responsibilities were appointed to the trustee by the grantor. >> /Ff 8388608 /FT /Btn /StructParent 485 Periodically reviewing the agent's actions in order to monitor the agent's performance and compliance with the terms of the delegation. /Matrix [1 0 0 1 0 0] >> 266 0 R 267 0 R 268 0 R 269 0 R 270 0 R 271 0 R 272 0 R 273 0 R 274 0 R 275 0 R /Subtype /Form /FT /Tx >> /Tx BMC /Subtype /Form /T (Signature of Trustee_9) >> /F 4 /Subtype /Widget /T ( day of_3) /TU (Grantor Name 1: Date of Birth including 2-Digit Month/2-Digit Day/4-Digit Year) >> >> /Rect [401.76 522.6 558.84 538.08] BT /Subtype /Widget /DA (/Helv 10 Tf 0 g) Number 8860726. /quoteright /quotesinglbase /trademark /fi /fl /Lslash /OE /Scaron /Ydieresis /Zcaron /N << /Subtype /Form Trustee purchasing stock, bond or securities of self, affiliate, etc. >> /On 322 0 R /F 4 /P 133 0 R /F 4 endobj q /DA (/Helv 10 Tf 0 g) << 186 0 obj >> << /T ( year of_2) /F 4 /MK << /Ff 8388608 /Length 12 /MK << /FT /Tx /Font << /Type /Annot f Pursuant to the provisions of Section 736.1017(2) of the Florida Trust Code, a certification of trust may be signed by any Trustee. /Type /Annot >> /MK << /S /JavaScript >> >> >> /Ff 8388608 stream /S /JavaScript /Parent 71 0 R /StructParent 640 /Font << A simple example of collective delegation is where trustees instruct an estate agent to sell a trust property. endstream /Resources << endstream WebThe trustees can delegate decisions to committees, though these committees must have at least two members, one of whom needs to be a trustee. /FT /Btn 277 0 obj >> >> /FormType 1 /StructParent 418 /Type /XObject /P 135 0 R Q /Rect [312.48 173.76 556.56 188.4] /BaseFont /Helvetica /StructParent 698 /DA (/Helv 10 Tf 0 g) /FT /Tx /Subtype /Widget /Type /Annot 204 0 obj /Type /Annot /T1_1 384 0 R /MK << /NumberOfPageItemsInPage 2 /MK << /OriginalDocumentID 17 0 obj /FT /Sig /T (For trusts with more than one trustee only01) >> endobj /ArtBox [0.0 0.0 612.0 792.0] endobj /MaxLen 2 11 0 obj /Rect [135.96 668.64 560.04 683.28] >> 275 0 obj /FT /Tx 75 0 obj >> >> >> /ZaDb 5.6414 Tf 189 0 obj /F 4 endobj /AP << EMC /S /JavaScript /P 134 0 R endobj 1 1 10.48 10.72 re /T1_2 399 0 R /Subtype /Form 247 0 obj /Rect [68.76 574.2 144.72 588.84] /P 134 0 R WebA sample form for a company's authorized signatories to use when adding, changing, or revoking a delegation of authority under a signature authorization and delegation of /Annots [26 0 R 94 0 R 27 0 R 95 0 R 228 0 R 214 0 R 232 0 R 215 0 R 216 0 R 217 0 R /ProcSet [/PDF /Text] >> >> endobj << /T (C) endobj /DR << >> Margin transactions 3 including short sales, uncovered put/call options, spreads, straddles and combinations, whether index or equity: All current trustees must initial those that apply in spaces provided) >> The trust is currently \(please check as applicable\): Revocable and amendable) /MK << endobj n /T ( Names of all current trustees03) /TrimBox [0.0 0.0 612.0 792.0] /F 4 /MK << /Rotate 0 << /ProcSet [/PDF] >> >> << << /ProcSet [/PDF] /ordmasculine 188 /onequarter /onehalf /threequarters 192 /Agrave /Aacute /Acircumflex /Atilde /Ff 8388608 0.749023 g /ProcSet [/PDF] /Type /XObject /FT /Tx /T ( year of) endobj 100 0 obj /BBox [0.0 0.0 12.48 12.72] endobj endobj . /Type /Annot /TU (Signature of Trustees \(All current trustees must sign and, for trusts governed by US law \(50 states/District of Columbia\), all trustee signatures must be notarized.\) Acknowledgement - Notary Page for use in all jurisdictions EXCEPT California, Colorado, Florida, Iowa, Idaho, Michigan, Minnesota, Mississippi, Nebraska, Nevada, South Dakota, Tennessee and Vermont: B\) Agreed and Certified to this: Enter Month) >> /Ff 29360128 >> >> /Type /Annot /TU (Grantor Name 2: Country of Residency \(if other than USA\)) /Resources << /Type /XObject >> /F 4 /StructParent 702 stream /DA (/Helv 10 Tf 0 g) /Subtype /Form << Only /F 4 /ZaDb 13 0 R /Subtype /Widget /Rect [387.96 587.28 400.44 600.0] This form should be completed if the statutory trustee of a trust account established and maintained pursuant to Business and /P 137 0 R /T ( Names of all current trustees04) >> << Q q Q /P 137 0 R /FormType 1 /DA (/Helv 10 Tf 0 g) /BleedBox [0.0 0.0 612.0 792.0] /StructParent 512 /TU (MLPF&S Account #1 \(For Internal Use Only\): Enter the first 3-digits of the 8-digit Merrill Account Number) /Parent 71 0 R /Type /XObject /T (MLPFS Account02_5) endobj /JS (SyncCheckboxes\(event.target\);) endobj /FormType 1 WebTrustee: A person or institution holding and administering property in trust. >> In accordance with the provisions of F.S. 348 0 obj /DA (/Helv 10 Tf 0 g) /Parent 70 0 R /MK << /AA << endobj 475 0 R 476 0 R 477 0 R 478 0 R 479 0 R 480 0 R 481 0 R 482 0 R 483 0 R 484 0 R >> W 1.0 4.21616 370.08] /0 [1.0 0.0 0.0 1.0 0.0 0.0] /Subtype /Form >> 0.749023 g /florin /fraction /guilsinglleft /guilsinglright /minus /perthousand /quotedblbase /quotedblleft /quotedblright /quoteleft /Type /XObject /Parent 50 0 R << << /CropBox [0.0 0.0 612.0 792.0] /F 4 /Kids [193 0 R 194 0 R 195 0 R 196 0 R 197 0 R 198 0 R 199 0 R 200 0 R 201 0 R 202 0 R endobj /K 542 0 R << << stream /StructParent 699 q 97 0 obj << endobj /Rect [136.8 149.16 536.76 162.48] >> /BBox [0.0 0.0 12.48 12.72] /P 134 0 R /StructParent 612 (viii) Appointment of Successor Designated Representatives in Default of Designation. /CA (4) /LineHeight 10.75 91 0 obj /MK << ET /F 4 /BBox [0.0 0.0 12.48 12.72] stream /MK << /Type /XObject /P 131 0 R /Subtype /Form >> /Bl 335 0 R /TextIndent -13.5 /P 129 0 R >> << << /Font << /Font << /MK << << /Helv 146 0 R /Tx BMC >> /FormType 1 /MK << /BBox [0.0 0.0 12.48 12.72] /LineHeight 9.625 As used in this subsection, the term affiliate shall have the meaning ascribed to such term in F.S. /Rect [83.76 296.16 291.72 309.48] /F 4 /MK << endobj /dotlessi /lslash /oe /scaron /zcaron 160 /Euro 164 /currency 166 /FT /Tx /dotlessi /lslash /oe /scaron /zcaron 160 /Euro 164 /currency 166 << /MaxLen 5 /Subtype /Form /DA (/Helv 0 Tf 0 g) /Type /Annot >> BT >> /Subtype /Widget /K 547 0 R WebThe trustee shall exercise reasonable care, skill, and caution in: 1. /ProcSet [/PDF /Text] << /Resources << >> /Subtype /Form /A 294 0 R /MK << /dotlessi /lslash /oe /scaron /zcaron 160 /Euro 164 /currency 166 << /DA (/Helv 0 Tf 0 g ) /Ff 8388608 /Type /XObject 322 0 obj >> 4 0 obj /Encoding << 134 0 obj endobj /P 133 0 R /T (C-2) /MK << 168 0 obj /P 135 0 R /MK << /FT /Tx >> endstream /Length 1125 /Tx BMC endobj 225 0 obj /Rect [111.6 598.32 202.8 613.68] 122 0 obj /PageTransformationMatrixList << 241 0 obj >> /T ( State of_2) << >> << Read more, 2023 STEP (The Society of Trust and Estate Practitioners) is a company limited by guarantee incorporated in England and Wales. /odieresis /divide /oslash /ugrave /uacute /ucircumflex /udieresis /yacute /thorn /ydieresis] /Ff 29360128 /Type /Font /Length 88 /MK << endobj /AA << >> /Resources << stream /MK << 1 1 10.48 10.72 re /TU (Signature of Trustee) endobj /Type /Annot /F 4 endobj /CS0 [/ICCBased 377 0 R] /Rect [155.64 512.88 168.12 525.6] /Length 116 BT /TU (MLPF&S Account #2 \(For Internal Use Only\): Enter the last 5-digits of the 8-digit Merrill Account Number) /DA (/Helv 10 Tf 0 g) /Resources << /Subtype /Form stream 2.4362 3.3161 Td Situational Leadership /F 4 157 0 obj /Parent 39 0 R /Rect [64.92 706.08 388.32 721.56] /DA (/Helv 10 Tf 0 g) >> /StructParent 721 << << /Resources << /TU (20: Enter the last 2-Digits of Year) /Subtype /Form 271 0 obj /P 131 0 R >> /Helv 152 0 R /T (D) /T (MLPFS Account03_5) /Length 83 >> Initially, each trust created under this trust instrument shall be administered in accordance with the laws of the State of Florida, as a sufficient connection to the State of Florida within the meaning of Florida Statutes 736.0108(1) exists as this trust is created. (4) Tj /Type /Annot /AA << stream /Rect [292.862 399.025 420.902 413.785] /P 137 0 R >> /F 4 /Resources << /PDFDocEncoding 10 0 R /P 136 0 R /JS (SyncCheckboxes\(event.target\);) (iii) Designation of Initial Designated Representative. /MK << endobj /AS /Off /TU (MLPF&S Account #2 \(For Internal Use Only\): Enter the first 3-digits of the 8-digit Merrill Account Number) /0 1221 8. /Subtype /Widget /SpaceAfter 22.875 /Subtype /Form /Filter /FlateDecode /Type /Font /Tabs /S /Bl 305 0 R /DSz 14 0 R /F 4 endobj /P 137 0 R >> insert form merger provisions., Combination of Trusts. /ZaDb 552 0 R W /F 4 /Resources << /Subtype /Widget /DA (/Helv 10 Tf 0 g) /Filter /FlateDecode /Font << 221 0 R 233 0 R 222 0 R 223 0 R 104 0 R 105 0 R 126 0 R 224 0 R 225 0 R 271 0 R f << 147 0 obj endobj /Type /XObject >> (e) upon reasonable request, provide a qualified beneficiary with relevant information about the assets and liabilities of the trust and the particulars relating to administration; provided, however, while a trust is revocable, the Trustees duties pursuant to this Section extend only to the Settlor., (iii) to compromise and adjust claims arising out of any the policy or contract, upon terms and conditions as the Trustee, in the Trustees sole discretion, may deem best, and the decisions of the Trustee shall be binding and conclusive upon all persons beneficially interested in the trust;, Not a Fiduciary. /P 137 0 R endobj endobj /T ( Signed and sworn to or affirmed before me this) stream 65 0 obj WebThe board makes sure that its decision-making processes are informed, rigorous and timely, and that effective delegation, control and risk-assessment, and management systems are set up and monitored. 232 0 obj /PDFDocEncoding 151 0 R /StructParent 677 /Parent 7 0 R /Rect [398.28 678.72 560.4 694.2] >> /T (MLPFS Account_2_4) 116 0 obj /S /JavaScript /ZaDb 551 0 R /Length 34 /Rect [294.0 71.88 385.2 87.24] stream q /Resources << >> /TU (Signature of Trustee #3) >> << endobj /F 4 /On 342 0 R /CM4 << /Adieresis /Aring /AE /Ccedilla /Egrave /Eacute /Ecircumflex /Edieresis /Igrave /Iacute >> /MK << >> /FT /Tx /T ( year of) << /F 4 /P 136 0 R /F 4 /F 4 stream >> /F 4 /PieceInfo << >> /GS1 380 0 R /MK << /Resources << >> /ZaDb 552 0 R 83 0 obj /O /Layout >> /Matrix [1.0 0.0 0.0 1.0 0.0 0.0] endobj 20 0 obj << << << /MK << /D << /FT /Sig >> << /PageItemUIDToLocationDataMap << /TU (The foregoing instrument was acknowledged before me, a Notary Public, by means of \(check one\): online notarization) /Length 114 /TU (Signature of Trustee) 357 0 obj If required by applicable law, and subject to the provisions of Section 15.24 of this Article with respect to the appointment of representatives, the Trustee shall: (a) within sixty (60) days after acceptance of the trust, give notice to the qualified beneficiaries of the acceptance of the trust and the full name and address of the Trustee; (b) within sixty (60) days after the date the Trustee acquires knowledge of the creation of an irrevocable trust, or the date the Trustee acquires knowledge that a formerly revocable trust has become irrevocable, whether by death of the Settlor or otherwise, give notice to the qualified beneficiaries of the trusts existence, the identity of the Settlor, the right to request a copy of the trust instrument, and the right to accountings; (c) upon reasonable request, provide a qualified beneficiary with a complete copy of the trust instrument; (d) in the case of an irrevocable trust, provide a trust accounting, as set forth in F.S. /N 535 0 R 223 0 obj /F 4 << >> /TU (Print Name of Notary Public) /Subtype /Type1 >> /TU (day of: \(Enter 2-Digit Day\)) /D << /T (F-2) >> /StructParent 593 stream << >> (Drafting Trustee Powers Considering the Duties of Loyalty, Impartiality, & Statutory Authorization for Self-Dealing), 2.4 2.7, Drafting Trusts Under the New Florida Trust Code, Fla. Bar. /DR << /FT /Tx endobj >> /DA (/Helv 10 Tf 0 g) endobj /Length 36 /Rect [312.48 474.96 556.56 489.6] /GS2 380 0 R /TU (Signature of Trustees requiring Notarization: Use this page when the Notary is in Florida \(Please note that all fields, including the boxes below, must be completed by the Notary Public or the document will be returned\): A\) Agreed and Certified to this: Enter Month) /FT /Tx /Resources << endstream /Rect [45.96 334.56 566.04 359.76] 245 0 obj /StructParent 718 /StructParent 680 /DA (/Helv 10 Tf 0 g) /P 134 0 R The content displayed here is subject to our disclaimer. /FormType 1 /GS0 378 0 R /O /Layout >> /F 4 /A 329 0 R /FT /Tx >> The authors offer these form provisions merely as fodder for practitioners consideration. /LineHeight 9.625 /ProcSet [/PDF] << /Matrix [1.0 0.0 0.0 1.0 0.0 0.0] /AP << /F 4 >> /S /JavaScript /Annots [226 0 R 231 0 R 199 0 R 19 0 R 200 0 R 201 0 R 202 0 R 206 0 R 203 0 R 204 0 R n /Matrix [1.0 0.0 0.0 1.0 0.0 0.0] endobj /P 135 0 R /TU (before me, \(Insert name and title of officer\)) 205 0 obj /N << /Resources << >> /Ff 29360128 /Subtype /Form /Rect [54.0 209.28 331.32 225.48] /F 4 /Bl 340 0 R /Rect [408.96 598.32 462.12 613.68] 9 0 obj /JS (SyncCheckboxes\(event.target\);) /AP << /ProcSet [/PDF /Text] The following Private Client practice note provides comprehensive and up to date legal information on Charities and delegation of asset management /Encoding << << /Subtype /Form /StructParent 544 >> Webharman legacy mark iii coal stove mckeesport obituaries kfc near mr >> /Encoding << /DR << << /AA << /Rect [178.8 106.92 280.8 123.6] << >> /Ff 29360128 /N << A. /TU (MLPF&S Account #2 \(For Internal Use Only\): Enter the first 3-digits of the 8-digit Merrill Account Number) /Parent 71 0 R 166 0 obj /DA (/Helv 0 Tf 0 g) /Helv 152 0 R /StructParent 646 Margin transactions 1 including short sales, uncovered put/call options, spreads, straddles and combinations, whether index or equity: All current trustees must initial those that apply in spaces provided) endobj >> As used in this subsection, the term affiliate shall have the meaning ascribed to such term in F.S. /Subtype /Type1 /F 4 endobj endstream EMC >> /F 4 /ZaDb 555 0 R /Oslash /Ugrave /Uacute /Ucircumflex /Udieresis /Yacute /Thorn /germandbls /agrave /aacute /Matrix [1.0 0.0 0.0 1.0 0.0 0.0] /Subtype /Form endobj /CS0 [/ICCBased 377 0 R] /JS (AFSpecial_Format\(2\);) /F 541 0 R /FT /Tx endstream 144 0 obj /TU (Notary Jurat and Affidavit Form: County of \(Enter County\)) /Type /Annot << >> /Helv 167 0 R 153 0 obj /Icircumflex /Idieresis /Eth /Ntilde /Ograve /Oacute /Ocircumflex /Otilde /Odieresis /multiply /Type /Annot to this delegation to the Board of Trustees or its Executive Committee on or before the next regularly scheduled meeting. /P 137 0 R /Rect [88.68 462 378.24 479.64] /TU (by: Insert Signer's Name, NOT Notary's Name) >> /DA (/Helv 10 Tf 0 g) /TU (B\) Agreed and Certified to this day of: \(Enter 2-Digit Day\)) /Subtype /Widget /Font << q /Rect [328.92 296.16 556.92 309.48] >> /TU (The foregoing instrument was acknowledged before me, a Notary Public, by means of \(check one\): online notarization) /T (MLPFS Account_2_5) /Subtype /Widget << /Ff 8388608 /AP << stream /BBox [0.0 0.0 9.36 9.48001] /Rect [218.64 95.76 228.0 105.24] endobj /DR << >> /MediaBox [0.0 0.0 612.0 792.0] Nothing herein shall prevent the incumbent Disinterested Trustees from soliciting the views or the involvement of others in such selection or nomination as long as the final decision on any such selection and nomination is approved by a majority of the incumbent Disinterested Trustees. endobj /T ( State of_1) /P 136 0 R 198 0 R 194 0 R 193 0 R 238 0 R 236 0 R 237 0 R 74 0 R 75 0 R 76 0 R 77 0 R >> << >> /FormType 1 << /TU (Please print the telephone number, including \(3-Digit Area Code\) of an individual that Merrill Lynch may contact in the event a trustee resigns, becomes incapacitated or dies:) stream /Encoding << /MK << /AP << /MK << /PageItemUIDToLocationDataMap << /O /Layout /MaxLen 5 /Type /Annot /Font << >> /StructParent 538 /Type /Annot /DA (/Helv 0 Tf 0 g) /Length 12 /T ( day of_3) 330 0 obj /StyleSpan /Span 0 0 12.48 12.72 re /Type /Annot /FormType 1 /Subtype /Widget /On 313 0 R >> /Type /Annot 254 0 obj endstream /F 174 0 R >> /Rect [167.76 283.68 557.28 299.88] /MK << /Bl 315 0 R /Helv 146 0 R /FT /Tx 181 0 obj /Font << /DR << endobj >> /ProcSet [/PDF /Text] stream >> /FormType 1 /T ( by_1) /AA << /T (Country of residency_02) /JS (SyncCheckboxes\(event.target\);) /ordmasculine 188 /onequarter /onehalf /threequarters 192 /Agrave /Aacute /Acircumflex /Atilde /Subtype /Widget 6. 282 0 obj /AS /Off /FT /Tx >> >> /DA (/Helv 0 Tf 0 g) /T ( The foregoing instrument was acknowledged before me a Notary Public this) /O /Layout /Subtype /Widget << 349 0 obj /DA (/Helv 10 Tf 0 g) /MK << /DA (/Helv 10 Tf 0 g) /FormType 1 /Rect [159.222 699.109 267.222 713.869] /TU (MLPF&S Account #1 \(For Internal Use Only\): Enter the last 5-digits of the 8-digit Merrill Account Number) /TU (MLPF&S Account #3 \(For Internal Use Only\): Enter the last 5-digits of the 8-digit Merrill Account Number) >> 146 0 obj >> >> stream /TU (Enter type of identification) /P 135 0 R >> >> >> 255 0 obj /P 134 0 R /Rect [480.96 687.12 553.08 704.88] /FT /Tx If there is more than one current beneficiary, distributions may be made to all or any one or more of them in such equal or unequal proportions and amounts as the Trustee, in its discretion may determine, including distributing all or nothing to any one or more of the beneficiaries, and there shall be no adjustment among the beneficiaries by reason of any distribution. /CA (4) /BaseFont /Helvetica >> /Type /XObject /FormType 1 >> /MK << n 293 0 obj /Font << 228 0 obj >> /Subtype /Widget 284 0 obj endobj >> << /Resources << /SigFlags 1 << /Subtype /Form /MK << /StartIndent 19.5 Where appropriate, urgent decisions that arise between meetings, may be dealt with by Chair's Action where it is not possible to convene a meeting of the Board at short notice.