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, 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...

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.

1 day ago · A family trust lets you manage and transfer assets to loved ones—learn how it works, the benefits and what to watch out for.

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.

A trust is a legal arrangement to ensure a person’s assets go to specific beneficiaries. Trust accounts can hold bank accounts, houses, cars or other assets.

Jun 11, 2025 · A trust is a legal arrangement that allows one person (the trustee) to hold and manage assets for the benefit of another person (the beneficiary). The person who creates the trust is called …

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. The …

Trusts are powerful legal tools used in estate planning to manage assets, protect beneficiaries, and achieve various financial goals. In New York State, the legal landscape surrounding trusts is …

Learn more about what a trust is and how it works. Explore trust basics, key roles, and the benefits provided by different types of trusts