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Precision. Trusts demand distinct language to be lawfully legitimate. If your conditions aren’t clear, a person could challenge the trustee later in courtroom.
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[ C ] a legal arrangement where anyone or Corporation controls property and/or funds for another individual or Firm:
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A trust is often a fiduciary connection by which a trustor presents Yet another party, often known as the trustee, the proper to hold title to house or pg slot assets for the benefit of a 3rd party.
Charitable trust: An irrevocable trust that donates assets while in the trust account to a number of charities.
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