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[ C ] a authorized arrangement wherein someone or Corporation controls assets and/or funds for an additional individual or organization:

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Era-skipping trust: This trust permits anyone to transfer belongings tax-free of charge to beneficiaries at least two generations their junior, generally their grandchildren.

A charitable remainder trust, funded all through someone's life time, disperses cash flow towards the specified beneficiaries (like little ones or possibly a spouse) for the specified time period and then donates the remaining property to your charity.

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The underside Line Trusts trust bet are advanced automobiles, apart from Possibly to the Totten trust. Creating a trust commonly demands qualified information from a trust legal professional or even a trust enterprise, which sets up trust cash as Portion of a variety of estate- and asset-management services.

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All e-Trust blind trust brain trust set trust trust deed trust fund unit trust See all meanings Idioms and phrases trust anyone (to complete anything)! idiom

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