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. Feb 28, 2025each trust falls into six broad categories:
A trustor creates a trust with the help of an attorney. 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.
Jun 30, 2025a 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. A trust is a legal relationship in which the owner of property, or any transferable right, gives it to another to manage and use solely for the benefit of a designated person. Aug 7, 2025a trust, sometimes called a trust fund or trust account, is a legal arrangement to ensure a person’s assets go to specific beneficiaries.
If you trust in someone or something, you believe strongly in them, and do not doubt their powers or their good intentions. 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. See examples of trust used in a sentence.
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