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  1. 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 …

  2. 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 …

  3. 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.

  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. Trust (law) - Wikipedia

    A trust is a legal relationship in which the owner of property, or any transferable right, gives it to another to manage and use solely for the benefit of a designated person.

  6. Trust Basics: What Is It, Types of Trusts, & Beneficiaries

    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

  7. trust | Wex | US Law | LII / Legal Information Institute

    A trust is a form of division of property rights and a fiduciary relationship, in which ownership of assets goes to a third party, known as a trustee, and the beneficial enjoyment goes to the …

  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. What Is a Trust and How Does It Work? | Ally

    Oct 10, 2025 · It’s used to decide how a person’s money is managed and distributed, typically after they die. A trust can hold cash and a variety of financial assets: savings accounts, stocks, …

  10. What Are the Different Types of Trusts? What to Know

    May 21, 2025 · Trusts can be broadly categorized into four main types: Living Trusts, Testamentary Trusts, Revocable Trusts, and Irrevocable Trusts. There are many different …