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 …

Feb 28, 2025 · Each trust falls into six broad categories: living or testamentary, funded or unfunded, revocable or irrevocable. A trustor creates a trust with the help of an attorney. The …

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.

Jun 30, 2025 · A trust is a legal vehicle that allows a third party — a trustee — to hold and direct assets in a trust fund on behalf of a beneficiary.

A trust, sometimes called a trust fund or trust account, is a legal arrangement to ensure a person’s assets go to specific beneficiaries.

We were obviously wrong to put our trust in her. He's in a position of trust (= a position with responsibilities, especially to the public).

May 16, 2024 · A trust lets a trustee hold assets on behalf of a beneficiary or beneficiaries. Learn what a trust is, how it works, types of trusts and how to set up a trust.

Jul 6, 2025 · A trust is a legal agreement involving three parties that helps ensure your wishes are met for your assets after your lifetime. In a trust agreement, the grantor/settler creates the …

In simple terms, a trust is a legal document that governs your wishes for how and when to transfer your assets, including sentimental items, to your loved ones or charitable organizations. …

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 …