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SMART Vocabulary: related words and phrases Trusts & cash annuity blind trust charitable trust covenant a thing to an individual/anything fund funding Keeping firm kitty mutual fund non-discretionary pension fund pension program slush fund assistance syndic the Consolidated Fund trust fund trustee trusteeship unit trust See much more effects »

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The drawbacks trust bet of trusts are which they call for time and expense to make, and they can not be quickly revoked.

A trust, occasionally named a trust fund or trust account, is usually a legal arrangement to make sure anyone’s property check out unique beneficiaries. The trust creator places belongings from the trust account and authorizes a trustee to administer those belongings for the trust creator or beneficiaries.

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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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