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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.

Grantor Trust Tax Rules: How They Work, Benefits, and Examples Thumbnail

Grantor Trust Tax Rules: How They Work, Benefits, and Examples

Silas Bamigbola

Immediate Beneficiary Thumbnail

Immediate Beneficiary

SuperMoney Team

Generation-Skipping Transfer Tax: Definition, How It Works, Types, and Examples Thumbnail

Generation-Skipping Transfer Tax: Definition, How It Works, Types, and Examples

SuperMoney Team

Inheritance Planning: What It Is, Strategies & Real-Life Examples Thumbnail

Inheritance Planning: What It Is, Strategies & Real-Life Examples

Silas Bamigbola

Named Beneficiary: What It Is and How to Designate Effectively Thumbnail

Named Beneficiary: What It Is and How to Designate Effectively

Silas Bamigbola

What Is a Contingent Beneficiary? Characteristics and Benefits Thumbnail

What Is a Contingent Beneficiary? Characteristics and Benefits

Silas Bamigbola

Intentionally Defective Grantor Trust (IDGT) Thumbnail

Intentionally Defective Grantor Trust (IDGT)

Silas Bamigbola

Pula Fund: Purpose and Structure Thumbnail

Pula Fund: Purpose and Structure

SuperMoney Team

Alternate Beneficiaries: Who are They and How to Designate Them Thumbnail

Alternate Beneficiaries: Who are They and How to Designate Them

SuperMoney Team

Voluntary Trust: Definition, Examples, and Applications Thumbnail

Voluntary Trust: Definition, Examples, and Applications

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.