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  1. What Is a Legal Trust? Common Purposes, Types, and Structures

    • A trust is a legal entity with separate and distinct rights, similar to a person or corporation. In a trust, a party known as a trustor gives another party, the trustee, the right to hold title to and manage property or a… See more

    Understanding Trusts

    Trusts are created by settlors (an individual along with a lawyer) who decide how to transfer parts or all of the individual's assets to trustees. These trustees hold on to the assets for t… See more

    Investopedia
    Categories of Trusts

    Although there are many different types of trusts, each fits into one or more of the following … See more

    Investopedia
    Common Purposes For Trusts

    The trust fund is an ancient instrument (dating back to feudal times, in fact) that is sometimes greeted with scorn due to its association with the idle rich (as in the pejorative "… See more

    Investopedia
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