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The common phrase used at the beginning of a power of attorney, “Know all men by these gifts,” is a quite unusual sequence of words and an unusual sentence structure. In a “vecaletname” in Turkish, which is the equivalent of a power of attorney, there is no unusual sentence structure as such, although the general structure of sentences, in terms of length and complexity, is similar to that of the power of attorney. Chronologically, after the execution of the first agreement, if the parties decide that it is necessary to set up a fiduciary structure and respect the agreement with a security, they may include the terms of a trust agent in the initial agreement, and then execute a trust agreement with an agent or directly execute an agreement called a trust agreement, which, under the original agreement, is without prior decision. is designated.

Posted on September 9th, 2021 | filed under Uncategorized |

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