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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.

Dynasty Trust: How it Works, Benefits, and Examples Thumbnail

Dynasty Trust: How it Works, Benefits, and Examples

SuperMoney Team

QTIP Trusts: Definition, How They Work, Pros and Cons Thumbnail

QTIP Trusts: Definition, How They Work, Pros and Cons

Silas Bamigbola

What is a pour-over will? Definition, How It Works, and Example Thumbnail

What is a pour-over will? Definition, How It Works, and Example

Abi Bus

Grantor Retained Annuity Trust: Definition, How It Works, and Examples Thumbnail

Grantor Retained Annuity Trust: Definition, How It Works, and Examples

SuperMoney Team

Beneficiary: How they Work, Types, and Examples Thumbnail

Beneficiary: How they Work, Types, and Examples

Silas Bamigbola

How Living Trusts Work: Definition, Types, Pros and Cons Thumbnail

How Living Trusts Work: Definition, Types, Pros and Cons

Silas Bamigbola

Irrevocable Trust: Definition, Types, How It Protects Your Assets Thumbnail

Irrevocable Trust: Definition, Types, How It Protects Your Assets

Silas Bamigbola

Insurance Trust (ILIT): Definition, How It Works, Types, and Examples Thumbnail

Insurance Trust (ILIT): Definition, How It Works, Types, and Examples

SuperMoney Team

Account in Trust Explained: How It Works, Types, and Examples Thumbnail

Account in Trust Explained: How It Works, Types, and Examples

SuperMoney Team

Trust Company: How It Works, Types, and Examples Thumbnail

Trust Company: How It Works, Types, and Examples

Silas Bamigbola

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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.