In a trust, a party known as a trustor gives another party, a trustee, the right to hold title to and manage property or assets for the benefit of a third party, the beneficiary. Trusts can be ...

Learn how to effectively manage trust with key parties involved, the trust administration process, legal framework, best practices, and challenges.

Generally, after the trustor passes away, the trustee notifies the trust’s beneficiaries, enacts the trust’s conditions and ...

A trust on its own is a legal contract wherein an individual, the trustor, entrusts property to a trustee who holds it for a third-party beneficiary. Enjoy the latest local, national and ...