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A trust is a legal fiduciary arrangement that allows a third party—the trustee—to hold and manage assets on behalf of one or more beneficiaries.
Unlike a will, which only takes effect after death and must go through public probate court, a trust can operate during your lifetime, provide privacy, and offer precise control over how and when your assets are distributed.
A trust is a legal fiduciary arrangement that allows a third party—the trustee—to hold and manage assets on behalf of one or more beneficiaries.
Unlike a will, which only takes effect after death and must go through public probate court, a trust can operate during your lifetime, provide privacy, and offer precise control over how and when your assets are distributed.