direct trust


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Noun1.direct trust - a trust created by the free and deliberate act of the parties involved (usually on the basis of written documentation)
trust - something (as property) held by one party (the trustee) for the benefit of another (the beneficiary); "he is the beneficiary of a generous trust set up by his father"
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Resource provider [23] acquires statistical trust value from the trade history and mainly depends on two factors: direct trust evaluation and indirect trust evaluation [24,25].
Some of the common powers given to a trust protector are as follows: the power to remove or to replace trustees; the power to veto or direct trust distributions; the power to add or remove beneficiaries; the power to change situs and the governing law of the trust; the power to veto or direct investment decisions; the right to consent to exercise power of appointment; the power to amend the trust as to the administrative and dispositive provisions; the power to approve trustee accounts; the power to add a grantor as a beneficiary from a class of beneficiaries; and the power to terminate the trust.
Powers granted to a trust protector could include: remove a trustee; replace a trustee who has been removed, resigned, or otherwise ceases to serve; appoint an additional co-trustee; add or remove an investment manager or advisor; veto or direct trust distributions, including distributions based upon the actions or status of the beneficiary, such as substance abuse; add or remove beneficiaries of the trust; consent to the exercise of a power of appointment; approve trust accountings; amend the trust, including administrative or distributive provisions; veto or approve the sale of trust assets, such as a family business; resolve a deadlock between co-trustees.
Trust Decision Making has two kinds of trust relationship: CM-to-CM direct trust and CH-to-CM feedback trust.
In paper [2], a node's final trust value (FTV) is evaluated based on direct trust value (DTV) and indirect trust value (IDTV).
In other words, player 1 exhibits direct trust in player 2 and indirect trust in player 3.
Not all components are necessarily visible to all stakeholders, and no direct trust relation exists between all of them.
Direct trust value determined by the history logs of transactions between evaluator and target nodes, in which i is the initiator for transaction, and j is the follower
Initially, nodes have knowledge only about nodes with which they have direct trust relations, and only such data are stored in the trust network.
Each node keeps two tables: a direct trust table and a recommendation list.
Direct trust--A direct trust is an express trust, as distinguished from a constructive or implied trust.
The private letter rulings deal with the effects of IRS gift tax rules on trusts that use trust beneficiary committees to direct trust distributions, officials say.