Muslim Mosques and Charitable Trusts or Wakfs Act. The funds are formulated as unit investment trusts. Equity is concerned mainly with trusts and equitable remedies. VaR can also be applied to governance of endowments, trusts, and pension plans. Iowa imposes taxes on net state income of individuals, estates, and trusts. Living trusts, as opposed to testamentary (will) trusts, may help a trustor avoid probate. Hargreaves Lansdown initially provided information to clients on unit trusts and tax planning matters. It was one of the first real estate investment trusts in Canada. In the United States, state law governs trusts. NAV is one of the valuation indices of real estate investment trusts (REITs, pronounced "Reets"). They are promoted either by individuals , corporate, trusts or societies. Churchill implies he improved the law of trusts. It is important that a support system consists of people that the individual trusts. There are various risks involved with master trusts specifically. Branson's business empire is owned by a complicated series of offshore trusts and companies.