A type of property ownership where one person, the trustee, holds property for the benefit of someone else, the beneficiary. For example, a trustee may hold a child’s inheritance for them until they turn 18.
Trust
Home Trust
A type of property ownership where one person, the trustee, holds property for the benefit of someone else, the beneficiary. For example, a trustee may hold a child’s inheritance for them until they turn 18.
