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Trusts

Trusts are legal arrangements in which a person (the trustor) transfers ownership of their assets to another person or entity (the trustee) to be managed for the benefit of a third party (the beneficiary). Trusts can be used for a variety of purposes, including tax planning, asset protection, and charitable giving. Continue Reading Below

Content Types

  • Encyclopedia
  • Articles
  • About Topic

Encyclopedia Articles

Discover the definition of financial terms related to trusts.

What Is a Trustee? Definition, Role, and Duties Thumbnail

What Is a Trustee? Definition, Role, and Duties

SuperMoney Team

What Is a Successor Trustee? Duties & Powers Thumbnail

What Is a Successor Trustee? Duties & Powers

Danielle Lindenbaum

Trust Fund: What It Is, How It Works, and How to Set One Up Thumbnail

Trust Fund: What It Is, How It Works, and How to Set One Up

Andrew Latham

What Is Estate Planning? Key Documents, Steps, and Why It Matters Thumbnail

What Is Estate Planning? Key Documents, Steps, and Why It Matters

Andrew Latham

Permanent Wyoming Mineral Trust Fund (PWMTF) Thumbnail

Permanent Wyoming Mineral Trust Fund (PWMTF)

SuperMoney Team

Trust Deed Explained: How It Works, Types, and Examples Thumbnail

Trust Deed Explained: How It Works, Types, and Examples

SuperMoney Team

Bequests: Meaning and Types Thumbnail

Bequests: Meaning and Types

SuperMoney Team

A-B Trust: What It Is and How To Set It Up Thumbnail

A-B Trust: What It Is and How To Set It Up

SuperMoney Team

Personal Representative: Meaning, Roles and Responsibilities Thumbnail

Personal Representative: Meaning, Roles and Responsibilities

SuperMoney Team

Estate, Estate Planning And Drawing Up a Will Explained Thumbnail

Estate, Estate Planning And Drawing Up a Will Explained

SuperMoney Team

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Learn About Trusts

Thumbnail for Blog Article: Revocable vs. Irrevocable Trust: All You Need To Know

Revocable vs. Irrevocable Trust: All You Need To Know

Alani Asis

Thumbnail for Blog Article: Average Cost of a Will and Trust By State

Average Cost of a Will and Trust By State

Cara Corey

Thumbnail for Blog Article: How To Create a Trust (And Pros and Cons of Doing So)

How To Create a Trust (And Pros and Cons of Doing So)

Lacey Stark

Thumbnail for Blog Article: How to Finance Land

How to Finance Land

SuperMoney Team

Thumbnail for Blog Article: Per Stirpes vs. Per Capita: What’s the Difference?

Per Stirpes vs. Per Capita: What’s the Difference?

Erin Gobler

Thumbnail for Blog Article: Assignor vs. Assignee: Differences and Definition

Assignor vs. Assignee: Differences and Definition

Benjamin Locke

About Trusts

Trusts are legal arrangements in which a person (the trustor) transfers ownership of their assets to another person or entity (the trustee) to be managed for the benefit of a third party (the beneficiary). Trusts can be used for a variety of purposes, including tax planning, asset protection, and charitable giving.