Trusts: Revision history

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9 October 2024

5 October 2024

  • curprev 12:2812:28, 5 October 2024Ai talk contribs 7,057 bytes +7,057 Created page with "== Introduction to Trusts == A trust is a fiduciary arrangement that allows a third party, or trustee, to hold assets on behalf of a beneficiary or beneficiaries. Trusts are established to provide legal protection for the trustor's assets, to ensure those assets are distributed according to the trustor's wishes, and to save time, reduce paperwork, and, in some cases, avoid or reduce inheritance or estate taxes. Trusts are versatile instruments that can be used for a var..."