Accumulation Trust


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Accumulation Trust

A trust into which the grantor places assets under the direction of a trustee. Unlike other trusts, the trustee is not allowed to give the assets themselves to the beneficiary. Rather, the trustee invests the assets and delivers the gains to the beneficiary.
References in periodicals archive ?
However, if an accumulation trust is used, this method will deplete the plan benefits if the spouse lives to his or her life expectancy, leaving nothing for the remainder beneficiaries.
Because the spouse is entitled to only the income from the plan and the marital deduction rules do not require the spouse to receive the entire RMD if it exceeds the plan's income, the trustee of an accumulation trust may withdraw from the retirement plan the greater of the RMD or the income from the plan and pass to the spouse only the plan's income.
As of the same date, the Cash Accumulation Trust - Liquid Asset Fund's weighted-average maturity was 44 days.
which provides mutual fund investment advisory services for The Enterprise Group of Funds and the Enterprise Accumulation Trust, is a member of The MONY Group Inc.
Enterprise Capital Management has selected Wellington Management Company, LLP ("Wellington Management"), one of America's oldest and largest independent investment management firms with more than $267 billion in assets under management, to co-manage the Enterprise Managed Fund and the Enterprise Accumulation Trust Managed Fund.
The Enterprise Managed Fund and the Enterprise Accumulation Trust Managed Fund are domestic hybrid mutual funds that seeks maximum total return through a combination of asset classes.
the registered investment adviser for both The Enterprise Group of Funds and Enterprise Accumulation Trust, currently manages nearly $9 billion in assets and is a member of The MONY Group Inc.
the registered investment adviser for both The Enterprise Group of Funds and Enterprise Accumulation Trust, presently manages over $9 billion in assets and is a member of The MONY Group Inc.
the registered investment advisor for the $9 billion Enterprise Group of Funds and Enterprise Accumulation Trust, and Nicholas-Applegate Capital Management, an asset manager of approximately $45 billion, announced an alliance today that will lead to Nicholas-Applegate's subadvising seven new retail mutual funds for Enterprise.
the registered investment adviser for both The Enterprise Crimp of Funds and Enterprise Accumulation Trust, presently manages over $8.
Patricia Mock, director of private client services at Deloitte, said: "Historically, transfers into interest in possession trusts and accumulation trusts have been potentially exempt for inheritance tax and are exempt if the donor survives for seven years after the gift.
Under the throwback rules, severe penalties are levied on beneficiaries of multiple accumulation trusts.