The Greatest Guide To trust
The Greatest Guide To trust
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a lawful arrangement through which anyone or organization controls home or income for the good thing about An additional particular person or Corporation:
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The one particular developing a trust is called the trustor or grantor. The a single who oversees and manages the trust is called the trustee. In a revocable trust, the trustor may Handle the trust at the same time, but in an irrevocable trust, the trustee has to be anyone else.
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[countable, uncountable] (law) an arrangement by which a corporation or a group of folks has lawful control of revenue or house which has been specified to someone, typically until that person reaches a selected age; an sum of money or residence that's managed in this manner
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