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.

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 …

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 …

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.

4 days ago · What Is a Trust? Definition, Types, and Benefits Define legal trusts, the essential roles, and the strategic differences between revocable and irrevocable types for effective asset …

Aug 14, 2025 · Setting up a trust involves choosing the right type, selecting assets, naming trustees and beneficiaries, preparing state-compliant trust documents, and funding the trust.

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 …

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).

May 16, 2024 · A trust lets a trustee hold assets on behalf of a beneficiary or beneficiaries. Learn what a trust is, how it works, types of trusts and how to set up a trust.

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, …