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Posts about “Trust”

A trust is a financial arrangement that allows a third party, or trustee, to hold assets for someone else. Think of a trust as a vehicle which passes assets from one person to a beneficiary. These are commonly used in families as a way to pass an inheritance to children or other heirs. It’s also common to include a trust in one’s will to pass along assets to beneficiaries after death. Trusts have a number of ways they can be arranged, and they’re very customizable. Creating a trust is an effective way to guarantee the transfer of funds at the right time.