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The principles of the trust depend upon the terms on which it had been constructed. In some spots, it is feasible for beneficiaries to be trustees. By way of example, in a few jurisdictions, the grantor can be a life time beneficiary and a trustee simultaneously.
A charitable remainder trust, funded in the course of an individual's life time, disperses revenue towards the selected beneficiaries (like little ones or possibly a wife or husband) for just a specified interval and afterwards donates the remaining property to some charity.
These examples are from corpora and from resources on the net. Any opinions in the examples never characterize the impression of the Cambridge Dictionary editors or of Cambridge College Press or its licensors.
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Belongings could be placed in trust for trustworthy loved ones—even a relative with the top intentions could confront a trustbet lawsuit, divorce, or other misfortune, Placing All those property at risk.
Good Vocabulary: associated words and phrases and phrases Trusting and not trusting (it is possible to) rely on/upon it idiom acknowledge/choose one thing on faith trust bet idiom financial institution financial institution on another person/one thing feel believe in something distrust distrustful distrustfully have religion!
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Groups of Trusts Whilst there are various differing kinds of trusts, each fits into one or more of the next categories:
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