a lawful arrangement by which you give an individual or Group the ideal to deal with funds or home for a particular particular person or group of men and women that you have picked to receive The cash:
These examples are from corpora and from resources online. Any thoughts while in the examples tend not to represent the impression with the Cambridge Dictionary editors or of Cambridge College Press or its licensors.
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A testamentary trust, also known as a will trust, specifies how a person's assets are specified following the grantor's death. It's not necessarily set up right until after the grantor passes absent.
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2nd, the observation that attuned musical responsiveness was necessary to the children's exchanges suggests that academics will need to ascertain an environment of trust and empathy.
Increase to word listing Incorporate to term list B1 [ I or T ] to think that someone is nice and straightforward and will not likely harm you, or that anything is Harmless and trustworthy:
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That reveals that there's no betrayal of trust on the ground that the administration may undergo in efficiency.
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This is an example of how trust bet the stepped-up basis calculation operates, applying shares: The original cost of shares was $5,000. The shares were being put right into a revocable trust and trust bet handed on to a beneficiary.
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