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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.

Abeyance in Finance: Definition, Application, and Case Studies Thumbnail

Abeyance in Finance: Definition, Application, and Case Studies

Alessandra Nicole

Charge and Discharge Statements: Definition, Functionality, and Real-world Applications Thumbnail

Charge and Discharge Statements: Definition, Functionality, and Real-world Applications

Alessandra Nicole

Clifford Trusts: Definition, Tax Implications, and Modern Alternatives Thumbnail

Clifford Trusts: Definition, Tax Implications, and Modern Alternatives

Alessandra Nicole

Trustors Explained: What They Are, How They Work, and Real-Life Examples Thumbnail

Trustors Explained: What They Are, How They Work, and Real-Life Examples

Abi Bus

Generational Wealth: The Power of Gifts in Trust Thumbnail

Generational Wealth: The Power of Gifts in Trust

Silas Bamigbola

Qualified Personal Residence Trust (QPRT) Thumbnail

Qualified Personal Residence Trust (QPRT)

Silas Bamigbola

Prudent Investor Rule: Definition, Importance, and Examples Thumbnail

Prudent Investor Rule: Definition, Importance, and Examples

SuperMoney Team

Uniform Prudent Investor Act (UPIA): Definition, Implementation, and Benefits Thumbnail

Uniform Prudent Investor Act (UPIA): Definition, Implementation, and Benefits

Silas Bamigbola

Charitable Remainder Trusts: Meaning, How They Work and Advantages Thumbnail

Charitable Remainder Trusts: Meaning, How They Work and Advantages

SuperMoney Team

Trust Indenture: Definition, Types and Benefits Thumbnail

Trust Indenture: Definition, Types and Benefits

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.