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[ C ] a lawful arrangement during which a person or Group controls property and/or funds for one more particular person or Business:

Certified private residence trust: This trust eliminates someone's residence (or getaway dwelling) from their estate. This may be valuable In case the Homes are possible to appreciate considerably.

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you, we are having your foods. From NPR These illustrations are from corpora and from resources on the web. Any views during the examples usually do not characterize the opinion of the Cambridge Dictionary editors or of Cambridge College Push or its licensors.

Testamentary trust: Made with the conditions of one's will; as opposed to other trusts, these trust accounts are only funded upon your Demise.

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