Identifier: bankingservicewh00rhod (find matches)
Title: Banking service; what a bank with a trust department can do for you
Year: 1922 (1920s)
Authors: Rhode Island Hospital Trust Company (Providence)
Subjects: Banks and banking Trust companies
Publisher: Providence
Contributing Library: The Library of Congress
Digitizing Sponsor: The Library of Congress

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tmmmwNmmsLM\mmm Wkmkmto&mmmmum ■ . BANKING SERVICE - - 77 By these provisions his inheritance would be kept intact forhim until his judgment was mature and he had time to acquireconsiderable business experience. For the daughter the arrangements were similar. None ofthe principal of the trust created for her was to be paid over untilshe was thirty, unless she married before she reached thatage. In any case, only one-half of the principal was to be givento her outright, the other half being held in trust throughout herlife, giving her the right to dispose of it in her will. In this manner Mr. S. thoroughly protected his family fromfinancial adversity, and prevented the possible dissipation of hisestate through the financial inexperience of his wife or children,safeguarding them from the advice of injudicious friends as wellas against the schemes of the unscrupulous. This is merely an example. There are innumerable ways inwhich a trust can be made to safeguard relatives or other d

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