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A Guide to the Different Types of Trusts - SmartAsset
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WebA trust is a legal arrangement that allows an individual like you (known as the settlor) to place your assets such that an appointed trustee can administer and manage them for the benefit of others (your beneficiaries). Your assets may include cash, stocks, property, and family businesses, and your beneficiaries may include family members ... WebJan 22, 2012 · The account that says ITF now belongs to the person whose name appears after those letters. The other accounts may be subject to an actual trust, or they may be … WebJan 28, 2024 · However, if you want someone to be able to tell you what a particular word, phrase, or abbreviation actually means in a given trust, you really need to have that person … diamond docking station driver window 10