
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 …
What Is a Legal Trust? Common Purposes, Types, and Structures
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 trustor's...
What is a trust? Types, benefits and how to set one up - Bankrate
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.
What Is a Trust? How It Works, Types, Benefits - NerdWallet
Aug 7, 2025 · A trust, sometimes called a trust fund or trust account, is a legal arrangement to ensure a person’s assets go to specific 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 | 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 …
United States trust law - Wikipedia
United States trust law is the body of law that regulates the legal instrument for holding wealth known as a trust. Most of the law regulating the creation and administration of trusts in the United States is now …
TRUST | definition in the Cambridge English 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).
What Is a Trust and How Does It Work? | Ally
Oct 10, 2025 · 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, …
Law Facts: Revocable Trusts | Ohio State Bar Association
Feb 10, 2015 · A trust exists when one person (often called the grantor or settlor) gives property to another person (called the trustee) to hold and manage for one or more other persons (called the …