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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
Different Types Of Trusts: Which Is Right For You? - Forbes A trust is a legal arrangement that allows you to separate who owns a given asset from who controls it and who uses it You can create a trust and transfer assets into it so the trust becomes
What is a trust? Types, benefits and how to set one up - MSN A trust can help minimize your taxes, protect your assets and spare your beneficiaries the hassle of probate court in the wake of your passing A living, or revocable, trust can still have changes
Wills and Trusts in Washington | Evergreen Elder Law Below are some things to consider when deciding between a Will or a Trust: Trusts avoid probate, Wills don’t need active attention once set up, Wills require less upfront cost and effort, Wills may become public records after you pass, while Trusts remain private How Much Does It Cost To Set Up a Will or a Trust In Washington?