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[ C ] a lawful arrangement through which anyone or organization controls residence and/or dollars for one more particular person or Group:
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The underside Line Trusts are advanced autos, other than Possibly for your Totten trust. Developing a trust generally requires skilled advice from a trust legal professional or perhaps a trust corporation, which sets up trust resources as Portion of a wide array of estate- and asset-administration 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 an individual (to try and do a thing)! idiom
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A trust account is an additional phrase for a trust. It may possibly confer with possibly the legal trust arrangement or into the bank account by itself that retains the cash. Usually, a trustee manages the cash in a trust account for its grantor and makes sure that the cash end up with the designated beneficiary.
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