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What Is A Trust? - Fidelity A trust is a fiduciary arrangement that allows a third party, or trustee, to hold assets on behalf of a beneficiary or beneficiaries Trusts can be arranged in may ways and can specify exactly how and when the assets pass to the beneficiaries
TRUST Definition Meaning - Merriam-Webster The meaning of TRUST is assured reliance on the character, ability, strength, or truth of someone or something How to use trust in a sentence
Trust (law) - Wikipedia A trust is a legal relationship in which the owner of property, or any transferable right, gives it to another to manage and use solely for the benefit of a designated person
How to Set Up a Trust: A Comprehensive Guide for 2025 - LegalZoom Online and do-it-yourself options walk you through how to set up a trust Revocable trust, irrevocable trust, living trust, or testamentary trust, all options are available to people from all economic strata
Overview of the Different Types of Trusts | Finance Strategists A trust is a fiduciary relationship in which a grantor gives a trustee the authority to hold assets for the benefit of one or more beneficiaries By law, trustees must disperse these assets following the grantor's instructions
trust | Wex | US Law | LII Legal Information Institute A trust is a form of division of property rights and a fiduciary relationship, in which ownership of assets goes to a third party, known as a trustee, and the beneficial enjoyment goes to the beneficiary The person who transfers the property into the trust is known as the grantor or settlor
What Is A Trust? Meaning, Types, Examples A trust is a legal arrangement that allows individuals to transfer assets across generations while creating guidelines over how and when those assets are distributed