Assertion: trust | /r/HasProperty | legal entity
Facets:
value: with three main parties
type: OTHER
Source sentences:
text: A trust is a legal entity employed to hold property, so the assets are generally safer than they would be with a family member.
text: A trust is a legal arrangement, whereby a person transfers management (and actual ownership in the case of an irrevocable trust) of assets to a third party, who holds them and manages them for the benefit of others.
text: Because a trust is a legal agreement, you'll need to bring the legal paperwork that created the trust and that names you as the trustee.
text: A trust is a legal instrument used to hold assets for the benefit of another.
text: Although simple trusts are not as complicated as other trusts, the laws that govern trusts can be, so it is always a good idea to speak with a qualified trusts and estates attorney before creating any kind of trust.
text: The law of trusts is voluminous and often complicated, but generally it is concerned with whether a trust has been created, whether it is a public or private trust, whether it is legal, and whether the trustee has lawfully managed the trust and trust property.
text: A trust is a legal tool that consists of three parties:
text: A trust is a legal vehicle that allows a third party, a trustee, to hold and direct assets in a trust fund on behalf of a beneficiary.
text: A trust is a legal document that should only be prepared by a qualified attorney.
text: A trust is a legal structure with three main parties: The trustor, trustee and beneficiary.
text: A trust is a legal relationship whereby property is held by one party for the benefit of another.
text: Because a trust is a legal entity, you must follow the rules outlined in your state to ensure that the trust is set up correctly, managed by a reliable individual, and properly funded.
text: A trust is a legal entity that holds assets for the benefit of another.
text: A trust is a legal entity created when an individual gives money or property over to a trustee to manage on behalf of named beneficiaries.
text: A trust is a legal arrangement through which property is held by a third-party for the benefit of another party, called the beneficiary.
text: A trust is a legal arrangement in which legal title to assets is held by a trustee under certain defined restrictions written within the governing instrument (usually a will or a written trust agreement) for the benefit of another party known as the beneficiary.
text: A trust is a legal agreement where a person (the trustee) holds and manages property for the benefit of others in the agreement (the beneficiaries) as laid out in a trust deed.
text: The assets are typically held in the form of a trust, a legal instrument that spells out who the beneficiaries are and what the money can be spent for.