A trust is a legal arrangement to ensure a person’s assets go to specific beneficiaries. Trust accounts can hold bank accounts, houses, cars or other assets.

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 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 …

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.

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 …

Jan 2, 2024 · We ’ ll talk more about how a trust works, its benefits and disadvantages, and the difference between types of trusts, including revocable vs. irrevocable.

Feb 3, 2025 · The grantor (or trustor) creates the trust, the beneficiary benefits from the trust, and the trustee manages the trust's assets on behalf of the beneficiary. If you don't have a will or …

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.

Learn more about what a trust is and how it works. Explore trust basics, key roles, and the benefits provided by different types of trusts

Learn how trusts work, the different types, how to set them up and the benefits they offer for estate planning.