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Sensible Vocabulary: related words and phrases Trusts & cash annuity blind trust charitable trust covenant something to somebody/something fund funding Keeping corporation kitty mutual fund non-discretionary pension fund pension prepare slush fund assistance syndic the Consolidated Fund trust fund trustee trusteeship device trust See much more results »
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Being familiar with Trusts Trusts are established by settlors (someone in addition to a lawyer) who choose how to transfer pieces or all of the person's property to trustees. These trustees keep on to the belongings with the beneficiaries with the trust.
[countable, uncountable] (legislation) an arrangement by which a corporation or a bunch of people has authorized Charge of revenue or house that's been given to somebody, normally right up until that human being reaches a specific age; an amount of money or house that's controlled in this manner
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Charitable trust: An irrevocable trust that donates property in the trust account to a number of charities.
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