
What Is a Trust? How It Works, Types, Benefits - NerdWallet
A trust, sometimes called a trust fund or trust account, is a legal arrangement to ensure a person’s assets go to specific beneficiaries.
What Is a Legal Trust? Common Purposes, Types, and Structures
Feb 28, 2025 · What Is a Trust? A trust is a legal entity with separate and distinct rights, similar to a person or corporation. In a trust, a party known as a trustor gives another party, a trustee, …
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 many ways and can specify exactly how …
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. A trust greatly expands your options when it …
What Is A Trust? Meaning, Types, & Examples
A trust is a legal arrangement that allows individuals to transfer assets across generations while creating guidelines over how and when those assets are distributed. Trusts can offer benefits …
What Is a Trust and How Does It Work? - SmartAsset
Sep 22, 2025 · A trust is a legal document that allows assets to be held by a trustee in the name of a beneficiary. Here's an overview of how it works.
What Is a Trust and Why Do I Need One? - Merrill Edge
At its most basic, a trust is simply a legal entity that can own assets like investments or property — a container of sorts. Adding a trust to your estate plan can help protect your assets in case …
What Is a Trust in Estate Planning? | Mutual of Omaha
Basically, a trust is a legal arrangement that allows someone (known as a grantor) to give control of their stuff to someone else (the trustee) to manage it for a third person (the beneficiary). But …
What is a trust and how can one help you? - First Citizens Bank
Simply put, a trust is a legal arrangement that ensures your assets will be managed according to your wishes during and after your lifetime. To learn more about trusts, however, you'll first …
What Is a Trust and How It Works in Estate Planning - CGAA
Aug 9, 2025 · A trust is a legal arrangement where one person, the grantor, transfers property to another person, the trustee, to manage for the benefit of a third party, the beneficiary. This …