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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 | English meaning - Cambridge Dictionary 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)
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 and How Does It Work? | Ally It’s used to decide how a person’s money is managed and distributed, typically after they die A trust can hold cash and a variety of financial assets: savings accounts, stocks, property, collectables, other investments — whatever they want to leave to their beneficiaries
TRUST Definition Meaning | Dictionary. com TRUST definition: reliance on the integrity, strength, ability, surety, etc , of a person or thing; confidence See examples of trust used in a sentence