
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...
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? 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.
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? - 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 …
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). …
Will vs. Trust: What’s the Difference and Which Do You Need?
Dec 17, 2025 · Revocable living trust: This is the most common type. You retain control of your assets during your lifetime and can change or cancel the trust at any time. After you pass away, the trustee …
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).
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, …
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.