
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.
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 …
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 …
Humiston Trust | Pontiac, IL - Official Website
The Humiston Trust was established for “the use and benefit of the inhabitants of the City of Pontiac for educational and charitable purposes.” Since the establishment of the Humiston …
What Is a Trust? How It Works, Types, Benefits - NerdWallet
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.
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.
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.
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: How does it work, Benefits and Types | TIAA
In simple terms, a trust is a legal document that governs your wishes for how and when to transfer your assets, including sentimental items, to your loved ones or charitable organizations. …
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.