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  1. 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.

  2. 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, …

  3. 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 …

  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. A trust greatly expands your options when it …

  5. 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 …

  6. 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.

  7. 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 …

  8. 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 …

  9. 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 …

  10. 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 …