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.

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, sometimes called a trust fund or trust account, is a legal arrangement to ensure a person’s assets go to specific beneficiaries.

Jan 28, 2026 · A trust is a legal arrangement for the transfer of property by a grantor to a trustee for the benefit of one or more beneficiaries. There are many types of trusts to consider, each designed to …

TRUST definition: reliance on the integrity, strength, ability, surety, etc., of a person or thing; confidence. See examples of trust used in a sentence.

Jul 25, 2025 · A trust is a legal document that creates a virtual container for money and property. These assets are managed by a trustee (an institution or person) for the benefit of another (the beneficiary). …

We were obviously wrong to put our trust in her. He's in a position of trust (= a position with responsibilities, especially to the public).

Jan 2, 2024 · Here’s an overview of how a trust works, which may not be as complicated as you think: The trustmaker, called the grantor, trustor, or settlor, creates the trust by drawing up a trust …

Oct 10, 2025 · It’s used to decide how a person’s money is managed and distributed, typically after they die. A trust can hold cash and a variety of financial assets: savings accounts, stocks, property, …