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Delvig [45]
3 years ago
7

A trust has the purpose of:

English
2 answers:
Svetllana [295]3 years ago
7 0
Managing the assets of a person
kicyunya [14]3 years ago
5 0

A trust has the purpose of managing the assets of a person (D).

A trustor gives another party, the trustee, the right to hold title to property or assets for the benefit of the third party, which is the beneficiary. Trusts are established to provide legal protection, to ensure the trustor's assets are distributed according to his or her wishes, and to save time.

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