But what is trust? The dictionary defines trust as the "Firm reliance on the integrity, ability, or character of a person or thing." It's about 1.) making yourself vulnerable to another ...
You have a few options to consider when creating an estate plan; for instance, should you create a will or a trust? For many, a revocable trust — or living trust — is a great option because of ...
A trust indenture is a legal agreement between a bond issuer and a trustee, such as a bank, that outlines the terms of a bond ...
A living trust is a legal document you set up while you’re alive to ensure that the assets you put in the trust, such as real estate, stock and bond holdings, CDs, and jewelry, are distributed ...
Trusts can be used to hold assets for a beneficiary, and you may hear about them when carrying out estate planning or evaluating strategies to pass investments to heirs. One type of trust, called ...
In all these cases, a testamentary trust can be a useful estate planning tool. What’s more, it makes it possible to leave assets to minor children who may not be able to legally possess or ...
Thomas Barwick / Getty Images An inter-vivos trust, or a living trust, enables a trustee to manage the trust's assets while the person who created the trust (the trustor) is still alive.
skynesher / Getty Images What a trust fund earns and distributes is taxed, just like earned income and capital gains from the sale of stocks and property. Read on to learn how trust funds are ...