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- DictionaryTrust fund/ˈtrəst ˌfənd/
noun
- 1. a fund consisting of assets belonging to a trust, held by the trustees for the beneficiaries.
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Jul 20, 2024 · A trust fund is a legal entity that holds and manages assets on behalf of beneficiaries. The benefits of a trust depend on whether it's revocable or irrevocable.
Jul 10, 2024 · A trust fund is a legal entity that holds property or assets on behalf of another person, group, or organization. It is an estate planning tool that keeps your assets in a trust managed by a neutral third party or trustee. A trust fund can include money, property, stock, a business, or a combination of these.
A Trust Fund is a legal entity that contains assets or property on behalf of a person or organization. Trust Funds are managed by a Trustee, who is named when the Trust is created. Trust Funds can contain money, bank accounts, property, stocks, businesses, heirlooms, and any other investment types.
Feb 29, 2024 · A trust fund is a legal and financial account that holds assets for a designated beneficiary. Trust funds can be used for a variety of purposes and come in different types. Trust funds provide a convenient way of controlling assets, avoiding probates and conservatorship, thereby maintaining privacy.
Jul 15, 2022 · A trust fund is a legal entity that holds assets until an intended recipient is able to receive them. This may be when the recipient reaches a certain age or after the...
Jul 18, 2024 · A trust fund shelters people's assets from probate and allows them to choose how and when their assets are distributed to their heirs. A trust must be set...
Jan 24, 2022 · A trust fund is a special type of legal entity that holds property for the benefit of another person, group, or organization. There are three parties involved in a trust fund: the grantor, the trustee, and the beneficiary.
