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Trust Center Excel

Trust Center Excel - Trusts can be arranged in may ways and can specify exactly how. A trustor creates a trust with the help of an attorney. A trust lets a trustee hold assets on behalf of a beneficiary or beneficiaries. Living or testamentary, funded or unfunded, revocable or irrevocable. A trust is a fiduciary arrangement that allows a third party, or trustee, to hold assets on behalf of a beneficiary or beneficiaries. A trust is a legal vehicle that allows a third party — a trustee — to hold and direct assets in a trust fund on behalf of a beneficiary. Each trust falls into six broad categories: In simple terms, a trust is a legal document that governs your wishes for how and when to transfer your assets, including sentimental items, to your loved ones or charitable organizations. Learn what a trust is, how it works, types of trusts and how to set up a trust. How to use trust in a sentence.

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