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- 1. The House of Getty Mar 25, 2018
- John Paul Getty III, a member of one of the 20th century's most iconic families, is kidnapped.
- 2. Lone Star Apr 1, 2018
- J. Paul Getty sends trusted fixer Fletcher Chace to Rome to look into his grandson's disappearance.
- 3. La Dolce Vita Apr 8, 2018
- J. Paul Getty's refusal to pay a single cent to his grandson's captors has unforeseen consequences.
Learn the various meanings and uses of the word trust as a noun and a verb, with synonyms, examples, and word history. Explore related phrases, articles, and entries near trust.
A trust is a legal arrangement that holds assets for beneficiaries and can minimize estate taxes and probate. Learn about different types of trusts, such as revocable, irrevocable, marital, bypass, and charitable trusts.
- What Is A Trust?
- Understanding Trusts
- Categories of Trusts
- Common Purposes For Trusts
- Types of Trust Funds
- The Bottom Line
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A trust is a legal entity with separate and distinct rights, similar to a person or corporation. In a trust, a party known as a trustor gives another party, the trustee, the right to hold title to and manage property or assets for the benefit of a third party, the beneficiary. Trusts can be established to provide legal protection for the trustor’s ...
Trusts are created by settlors (an individual along with a lawyer) who decide how to transfer parts or all of the individual's assets to trustees. These trustees hold on to the assets for the beneficiaries of the trust. The rules of a trust depend on the terms on which it was built. In some areas, it is possible for beneficiaries to become trustees...
Although there are many different types of trusts, each fits into one or more of the following categories: 1. Living or testamentary 2. Revocable or irrevocable 3. Funded or unfunded
The trust fund is an ancient instrument (dating back to feudal times, in fact) that is sometimes greeted with scorn due to its association with the idle rich (as in the pejorative "trust fund baby"). But trusts are highly versatile vehicles that can protect assets and direct them into the right handslong after the original asset owner's death. A tr...
Below is a list of some of the more common types of trust funds: 1. Credit shelter trust: Sometimes called a bypass trust or family trust, this trust allows a person to bequeath an amount up to (but not over) the estate-tax exemption. The rest of the estate passes to a spouse tax-free. Funds placed in a credit shelter trust are forever free of esta...
Trusts are complex vehicles, except perhaps for the Totten trust. Creating a trust typically requires expert advice from a trust attorney or a trust company, which sets up trust funds as part of a wide range of estate- and asset-management services. Correction—Dec. 17, 2022:A previous version of this article did not correctly distinguish between th...
A legal trust is a fiduciary relationship in which a trustor gives a trustee the right to manage assets for a beneficiary. Learn about the common purposes, types, and structures of trusts, and how they can protect assets, save taxes, and ensure inheritance.
- Julia Kagan
- 1 min
Learn the meaning and usage of the word trust as a noun, adjective, and verb. Find out the difference between trust and related terms such as faith, confidence, and assurance.
Learn the meaning of trust as a verb, noun, and legal arrangement in English. Find out how to use trust in different contexts and expressions with examples from the Cambridge Dictionary.
Apr 8, 2024 · Learn about different types of trusts, such as revocable, irrevocable, testamentary, charitable and special needs trusts. Compare their pros and cons, tax implications and how they can help you achieve your legacy goals.
Find 166 similar and opposite words for trust, a noun or verb meaning firm belief, responsibility, or right to take possession. See definitions, examples, and related articles for trust.