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  1. TRUST Definition & Meaning - Merriam-Webster

    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.

  2. What Is A Trust? - Fidelity

    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 …

  3. What Is a Legal Trust? Common Purposes, Types, and Structures

    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 …

  4. What is a trust? Types, benefits and how to set one up - Bankrate

    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.

  5. What Is a Trust? Definition, Types, and Benefits - LegalClarity

    5 days ago · A trust is a fiduciary arrangement that allows a third party, known as the Trustee, to hold and manage assets on behalf of a beneficiary. This legal structure holds legal title to …

  6. We Asked Our Experts: Do You Need a Trust? | Charles Schwab

    Dec 8, 2025 · A trust is a fiduciary arrangement that specifies how your assets are to be distributed, usually without the involvement of a probate court. They can be structured to take …

  7. How to Set Up a Trust: A Comprehensive Guide for 2025

    Aug 14, 2025 · Setting up a trust involves choosing the right type, selecting assets, naming trustees and beneficiaries, preparing state-compliant trust documents, and funding the trust.

  8. What Is a Trust? - Northwestern Mutual

    May 16, 2024 · A trust lets a trustee hold assets on behalf of a beneficiary or beneficiaries. Learn what a trust is, how it works, types of trusts and how to set up a trust.

  9. Geneva Revocable Living Trust Lawyer | Kane County Trusts | IL

    This is the person who will take over managing the trust for you should you become incapacitated. Your trustee will become responsible for managing your money and other assets for your …

  10. What is a trust: How does it work, Benefits and Types | TIAA

    In simple terms, a trust is a legal document that governs your wishes for how and when to transfer your assets, including sentimental items, to your loved ones or charitable organizations. …