Briefly describe the main functions of the trust, and what are the specific functions of the trust

Updated on society 2024-03-29
8 answers
  1. Anonymous users2024-02-07

    1.Property management functions.

    The property management function refers to the function of the trust entrusted by the trustee to operate and manage or handle the property for it, that is, "to be entrusted by the trust, to manage the business for others, and to manage the wealth on behalf of others", which is the basic function of the trust industry.

    2.Financing the function of funding.

    The function of financing funds refers to the fact that the trust industry, as an important part of the financial industry, is endowed with the function of adjusting the surplus and shortage of funds, and acts as a credit intermediary to raise funds for a country's economic construction and adjust supply and demand. In terms of financing objects, the trust is both financing and financing; In terms of credit relationship, trust embodies the multilateral relationship between the settlor, trustee and beneficiary; In the form of financing, the combination of direct financing and indirect financing has been realized; In the form of credit, trust has become the combination of bank credit and commercial credit.

    3.Coordination of economic relations functions.

    The function of coordinating economic relations refers to the function of the trust industry to handle and coordinate the economic relations between the transaction entities and to provide trust and consulting services for them. Because there is no transfer of ownership, it is different from the first two functional forms. Through its business activities, trust institutions act as "guarantors", "witnesses", "consultants" and "intermediaries" to provide economic information and economic security for transaction entities.

    4.Social investment function.

    The function of the trust industry to participate in social investment activities by means of trust business. The development and extension of trust business will inevitably be accompanied by the emergence of investment behavior, and only under the condition that trust institutions enjoy investment rights and have appropriate investment methods, can their property management functions have a reliable foundation trust. The social investment function of the trust industry can be reflected through the trust investment business and the first investment business.

    5.Functions that serve social welfare undertakings.

    The trust industry can serve the settlor who wants to donate or fund social welfare undertakings to achieve its specific purpose. When the trust industry uses the funds of public welfare undertakings, it generally adopts a prudent and less risky investment method, such as selecting ** bonds as the investment object. When trust institutions carry out business related to public welfare undertakings, they generally charge a lower fee, and some may even provide free services without charging.

  2. Anonymous users2024-02-06

    Entrusted by others, wealth management on behalf of customers.

  3. Anonymous users2024-02-05

    The basic function of a trust is the property management function.

    The property management function refers to the function of the trust entrusted by the trustee to operate and manage or handle the property for it, that is, "to be entrusted by the trust, to manage the business for others, and to manage the wealth on behalf of others", which is the basic function of the trust industry. Its main embodiment is in:

    Extensiveness of management content: all property, intangible assets, tangible assets; Natural persons, legal persons, other lawfully established organizations, and the state.

    Specificity of the purpose of management: for the benefit of the beneficiaries.

    Responsibility of management behavior: In the event of loss, as long as it complies with the provisions of the trust contract, the trustee shall not be liable; If the loss is caused by the gross negligence of the trustee who violates the provisions, the trustee shall be liable for compensation.

    Restriction of management methods: The trustee can only manage and dispose of the trust property according to the purpose of the trust, and cannot use the trust property at will according to its own needs.

  4. Anonymous users2024-02-04

    The basic functions of a trust are as follows:

    The basic function of a trust is to set up a trust with the settlor**, and agree to transfer property and other assets to the name of the trustee (trust company), and the trustee will carry out investment management according to the requirements and purposes of the settlor, so as to generate income and release it to the beneficiary or settlor under certain conditions.

    A trust is a beneficiary-focused financial product designed to help clients protect, manage and pass on their wealth. The following is a detailed analysis of the basic functions of trusts from three aspects.

    1. Asset management.

    As a key function of a trust, asset management refers to the investment and management of the entrusted assets by the trust company in accordance with the instructions of the settlor or the provisions of the trust contract, so as to obtain the maximum risk-return ratio. The trust realizes the preservation and appreciation of assets through the introduction of professional investment management and trust business management, and maximizes the interests of the settlor and beneficiaries.

    2. Wealth inheritance.

    Another important function of a trust is to provide wealth inheritance services to the settlor. A trust company can develop a wealth planning plan to help the settlor retain his precious family and business wealth to the greatest extent possible, and complete the inheritance of wealth in accordance with the settlor's wishes after the settlor's death or retirement.

    This approach not only reduces the payment of inheritance tax and increases the ability of the beneficiaries of the assets to control the company, but also reduces the burden of family succession management.

    3. Risk control.

    As an asset management and wealth inheritance tool, one of the functions of trust is to ensure the interests of settlors and beneficiaries and reduce the risk of investment behavior through risk control and management mechanisms.

    The trust company will set clear investment standards, review process, risk assessment methodology and internal prudential control system. At the same time, the trust company will also help the settlor or beneficiary to achieve the accurate positioning of asset risks and the improvement of investment benefits through technical means such as professional team analysis of market dynamics, extensive access to information and comprehensive assessment of potential risks.

    To sum up, the basic functions of a trust include asset management, wealth inheritance and risk control. The trust company has high-quality professionals in law, finance and investment, providing customers with reliable protection in asset management, inheritance and welfare.

    The trust industry originated in the United Kingdom and the United States, and after hundreds of years of development, it has now become an important market entity in the field of global financial services and wealth management with private banks, insurance companies, brokerage companies, etc., and is used by more and more individuals and institutions to maintain and increase value and inherit wealth.

  5. Anonymous users2024-02-03

    Answer]: c, d

    The trust company has four functions, namely, financial management function, financing funds, communication and coordination of state economic relations, and social investment. Among the options, only options c, d, and e are correct. Options A and B are both functions of the bank.

  6. Anonymous users2024-02-02

    Legal Analysis:1. Property management functions. Second, the financial function is financing. Third, communication and coordination of economic relations. Four. Social investment function. 5. Functions of serving social welfare undertakings.

    Legal basis: Article 2 of the Trust Law of the People's Republic of China. "Trust" as used in this Law refers to the act of the settlor entrusting his property rights to the trustee, and the trustee manages or disposes of it in his own name in accordance with the settlor's wishes, for the benefit of the beneficiaries or for specific purposes.

    Since a trust is a legal act, the definition of trust varies greatly in countries with different legal systems. There have been many different definitions of trust throughout history, but to this day, there is no complete consensus on the definition of trust.

    To sum up, the trust function is "entrusted by others, entrusted by others, and managing wealth on behalf of others", which is the following property management functions:

    1.Extensive management: all property, intangible assets, tangible assets; natural persons, legal persons, other lawfully established organizations and states;

    2.Peculiarities of the purpose of management: for the benefit of the beneficiary;

    3.Liability for management acts: If a loss occurs, the trustee will not be liable as long as it complies with the provisions of the trust contract; If the loss is caused by the gross negligence of the trustee in violation of the provisions, the trustee shall be liable for compensation;

    4.Restrictions on management methods: The trustee can only manage and dispose of the trust property according to the purpose of the trust, and cannot use the trust property according to its own needs.

  7. Anonymous users2024-02-01

    null)The basic functions of a trust company are ( ).

    a.Payment intermediaries.

    b.Mutual aid and cooperation.

    c.Entrusted by others, managing business for others, and managing money on behalf of others.

    d.Diversify risks and organize financial compensation.

    See the answer explained[Answer].c[Analysis].This question examines the functions of a trust company. The financial management function is buried in this belt, that is, "being entrusted by others, managing business for others, and managing wealth on behalf of others", which is the basic function of trust companies. Chop Mountain.

  8. Anonymous users2024-01-31

    Legal Analysis: 1. Property Management Functions. Second, the financial function is to finance funds. 3. Functions of communication and coordination of economic relations. Fourth, the function of social investment. 5. The function of Songchi to serve the public welfare undertakings.

    Legal basis: Trust Law of the People's Republic of China Article 2 The term "trust" as used in this law refers to the act of the trustor Ji Ye Chi Li Yu trusting the trustee to entrust his property rights to the trustee, and the trustee shall manage or dispose of the trust in his own name for the benefit of the beneficiary or for a specific purpose according to the wishes of the trustor.

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