Mr. Gray's trust arrangement has not yet been publicly filed with the ethics office, whose approval is needed.

Now, about this trust arrangement providing that Edna will have an independent income in the event she divorces Harris.

As with other arrangements, taxpayers should seek the advice of a trusted professional before entering into a trust arrangement.

It was originally used to break up the "trust" arrangements, big company groups with intricate power sharing schemes.

Remics are a kind of shell company organized to sell mortgage securities, which had previously been sold through a more cumbersome trust arrangement.

Shares issued to foreigners under a trust arrangement with Mexico's national development bank plunged 5.7 percent.

Importantly the above adverse tax consequences do not apply to bare trusts and certain other highly specialised types of trust arrangement.

This trust arrangement protects the participating lotteries between them from a default from one of the national companies and ultimately the players interests.

Under a trust arrangement, ownership of the shares went to his three children after his death.

By 1987, Summit had set up a trust arrangement for the deferred income, Mr. Sheets said.