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.
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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.
A trust is a fiduciary relationship where a trustor gives a trustee the right to hold title to property or assets for a beneficiary.
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What is a trust? Types, benefits and how to set one up - Bankrate
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 definition: reliance on the integrity, strength, ability, surety, etc., of a person or thing; confidence. See examples of trust used in a sentence.
Q1: What exactly is a trust? A trust is a legal arrangement that allows an individual like you (known as the settlor) to place your assets such that an appointed trustee can administer and manage them for the benefit of others (your beneficiaries).