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mamaluj [8]
3 years ago
13

What is a trust? pls help im slow​

Social Studies
2 answers:
Jet001 [13]3 years ago
6 0

relationship in which the first party, the trustor or settlor, transfers a property upon the second party for the benefit of the third party, the beneficiary.

Mariulka [41]3 years ago
3 0

A trust is a three-party fiduciary relationship in which the first party, the trustor or settlor, transfers a property upon the second party for the benefit of the third party, the beneficiary. A testamentary trust is created by a will and arises after the death of the settlor. Wikipedia

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