place assets in a trust
1trust — n 1 a: a fiduciary relationship in which one party holds legal title to another s property for the benefit of a party who holds equitable title to the property b: an entity resulting from the establishment of such a relationship see also… …
2Trust law — In common law legal systems, a trust is an arrangement whereby property (including real, tangible and intangible) is managed by one person (or persons, or organizations) for the benefit of another. A trust is created by a settlor, who entrusts… …
3trust — A legal entity created by a grantor for the benefit of designated beneficiaries under the laws of the state and the valid trust instrument. The trustee holds a fiduciary responsibility to manage the trust s corpus assets and income for the… …
4trust — /trʌst / (say trust) noun 1. reliance on the integrity, justice, etc., of a person, or on some quality or attribute of a thing; confidence. 2. confident expectation of something; hope. 3. confidence in the ability or intention of a person to pay… …
5trust — trustable, adj. trustability, n. truster, n. /trust/, n. 1. reliance on the integrity, strength, ability, surety, etc., of a person or thing; confidence. 2. confident expectation of something; hope. 3. confidence in the certainty of future… …
6trust — {{Roman}}I.{{/Roman}} noun 1 relying on sb/sth ADJECTIVE ▪ great ▪ They have placed great trust in him as a negotiator. ▪ absolute, complete, perfect, total ▪ …
7United States trust law — Introduction Most law regulating the creation and administration of trusts in the United States is now statutory at the state level. In August 2004, the National Conference of Commissioners on Uniform State Laws created the first attempt to… …
8Living trust — A living trust (inter vivos trust) is a trust created during a person s lifetime. Living Trusts in the United StatesIn the United States, a living trust refers to a trust that may be revocable by the trust creator or settlor (known by the IRS as… …
9Supplemental Needs Trust — A Supplemental Needs Trusts is a US specific term for a type of special needs trust (an internationally recognised term). Supplemental needs trusts are compliant with provisions of United States (federal and state) law and are designed to provide …
10Blind trust — A blind trust is a trust in which the fiduciaries, namely the executors or those who have been given power of attorney, have full discretion over the assets, and the trust beneficiaries have no knowledge of the holdings of the trust and no right… …
