a legal arrangement through which an individual or Corporation controls assets or income for the benefit of One more individual or organization:
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Every trust falls into 6 wide classes—dwelling or testamentary, funded or unfunded, revocable or irrevocable.
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Prevalent Uses for Trusts The trust fund can be an historic instrument (relationship again to feudal situations, in actual fact) that is typically greeted with scorn as a consequence of its association with the idle rich (as within the pejorative "trust fund infant").
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