
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? - 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 …
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.
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.
We Asked Our Experts: Do You Need a Trust? | Charles Schwab
Dec 8, 2025 · A trust is a fiduciary arrangement that specifies how your assets are to be distributed, usually without the involvement of a probate court. They can be structured to take effect before …
Types of Trusts - FindLaw
Jul 25, 2025 · A trust is a legal document that creates a virtual container for money and property. These assets are managed by a trustee (an institution or person) for the benefit of another (the beneficiary). …
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).
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 …
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.
What Is a Trust & How Does It Work? – Policygenius
Jan 2, 2024 · Here’s an overview of how a trust works, which may not be as complicated as you think: The trustmaker, called the grantor, trustor, or settlor, creates the trust by drawing up a trust agreement.