a legal arrangement in which somebody or organization controls home or revenue for the good thing about One more individual or Firm:
These examples are from corpora and from resources on the net. Any viewpoints during the illustrations don't stand for the view with the Cambridge Dictionary editors or of Cambridge College Press or its licensors.
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The underside Line Trusts are advanced vehicles, apart from Maybe for your Totten trust. Creating a trust ordinarily demands professional advice from the trust lawyer or simply a trust enterprise, which sets up trust cash as A part of a wide range of estate- and asset-management providers.
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Beneficiary Treatment Trusts may feel geared mainly toward significant-Web-worth folks ทรัสเบท and family members, considering the fact that they can be pricey to ascertain and keep.