Assertion: trust | /r/HasProperty | separate legal entity
Facets:
value: basically
type: DEGREE
value: from the creator
type: OTHER
value: from beneficiary
type: TRANSITIVE-OBJECT
value: from the individual
type: OTHER
Source sentences:
text: A trust is a separate legal entity a person sets up to manage his assets.
text: A trust is a separate entity from the individual who files a personal income tax return.
text: When a trust owns the assets, that trust is a separate legal entity from the creator or beneficiary.
text: Minor's Trust is a separate legal entity (a trust) established to hold gifts in trust for a child until the child reaches age 21.
text: The Delaware Statutory Trust Act (DSTA) states the trust is a separate legal entity and no creditor of a beneficial owner has any right to obtain possession of any of the property belonging to the trust (See 12 §3805(b)).
text: Basically, a trust is a separate entity subject to income tax that is set up to control assets.