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Merriam-Webster
merriam-webster.com › dictionary › trust
TRUST Definition & Meaning - Merriam-Webster
1 week ago - The meaning of TRUST is assured reliance on the character, ability, strength, or truth of someone or something. How to use trust in a sentence.
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Internal Revenue Service
irs.gov › charities-non-profits › definition-of-a-trust
Definition of a trust | Internal Revenue Service
In general, a trust is a relationship in which one person holds title to property, subject to an obligation to keep or use the property for the benefit of another.
People also ask

Now that I'm an adult, can't I just request that all the trust assets be distributed and the trust shut down?
The trust may state that it will last until you reach a certain age or for a specific period of years. Some trusts may even last for a beneficiary's entire lifetime and continue on to the next generation.
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privatebank.bankofamerica.com
privatebank.bankofamerica.com › content › ust › en › financial-education › understanding-trusts.html
What Is a Trust? Key Roles, Beneficiaries and Distributions
Do I have to pay income tax on the money I receive from the trust?
The type of trust will determine who pays the income tax on its income and capital gains. It may be the grantor, the trust or the beneficiary. Talk to your tax advisor to find out how the trust and distributions will be taxed.
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privatebank.bankofamerica.com
privatebank.bankofamerica.com › content › ust › en › financial-education › understanding-trusts.html
What Is a Trust? Key Roles, Beneficiaries and Distributions
How much money can I take out of my trust each year?
The amount and types of distributions are determined by the trust' terms. In some, net income is required to be distributed each year and principal is available for specific purposes. In others, the trustee has full discretion to make distributions, but often they can only be made for specific purposes such as education and health. Your trustee should be able to explain how funds are available to you.
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privatebank.bankofamerica.com
privatebank.bankofamerica.com › content › ust › en › financial-education › understanding-trusts.html
What Is a Trust? Key Roles, Beneficiaries and Distributions
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Cornell Law School
law.cornell.edu › lii › wex › trust
trust | Wex | US Law | LII / Legal Information Institute
A trust is a right, enforceable in equity, to the beneficial enjoyment of property held by another party who actually holds legal title.
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TIAA
tiaa.org › public › learn › retirement-planning-and-beyond › what-is-a-trust
Personal Trust Services | TIAA
TIAA can help you set up a personal trust and manage your assets. Learn more about the types of personal trusts and the services TIAA offers.
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Bank of America Private Bank
privatebank.bankofamerica.com › content › ust › en › financial-education › understanding-trusts.html
What Is a Trust? Key Roles, Beneficiaries and Distributions
Trusts provide a way to protect your assets and involve three key parties: the grantor (creator), the trustee (manager) and the beneficiary (recipient).
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VeraBank
verabank.com › Resources › Education-Learning › News-Articles › Resources › what-is-a-trust
What is a Trust?
January 26, 2026 - A trust, similar to a will, is a way to designate what happens to a person’s belongings after they pass away. How a Trust Works When setting up a trust (also known as a trust fund), the grantor creates and transfers assets, such as money or property, to it.
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Truist
truist.com
Truist Bank | Checking, Savings, Lending, and Financial Services
Your journey to better banking starts with Truist. Checking and savings accounts, credit cards, mortgages, small business, commercial banking, and more.
Find elsewhere
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Wikipedia
en.wikipedia.org › wiki › Trust_(law)
Trust (law) - Wikipedia
May 4, 2026 - A trust is a legal relationship in which the owner of property, or any transferable right, gives it to another to manage and use solely for the benefit of a designated person. In the English common law, the party who entrusts the property is ...
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Principal
principal.com › individuals › learn › do-i-need-trust
What is a trust and do I need one? | Principal
October 22, 2025 - A trust helps you clearly define what happens to your assets, such as establishing beneficiaries or helping with decision making should you become incapacitated.
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U.S. Bank
usbank.com › wealth-management › trusts-and-estates › what-is-a-trust.html
What is a Trust? | U.S. Bank
September 19, 2019 - A trust is a legal contract between at least two parties: a grantor and one or more trustees. It can give you peace of mind that your family’s wealth is managed the way you want.
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Trust
trustwallet.com
Best Crypto Wallet for Web3, NFTs and DeFi | Trust Wallet
Unlock the power of your cryptocurrency assets and explore the world of Web3 with Trust. The leading self-custody multi-chain platform. Download Trust app now!
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First Citizens Bank
firstcitizens.com › wealth management services › wealth insights › estate planning insights › what is a trust and how can one help you?
What is a trust and how can one help you?
May 6, 2026 - In the world of estate planning, trusts are like Swiss Army knives—powerful and versatile financial planning tools that most wealthy people should become familiar with.
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Dictionary.com
dictionary.com › browse › trust
TRUST Definition & Meaning | Dictionary.com
A combination of firms or corporations for the purpose of reducing competition and controlling prices throughout a business or industry. Trusts are generally prohibited or restricted by antitrust legislation.
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Merrill Edge
merrilledge.com › article › what-is-a-trust
What Is a Trust and Why Do I Need One?
March 13, 2025 - Trusts are flexible and powerful financial vehicles that aren't just for the wealthy. Learn more about what trusts are and how they work.
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IMDb
imdb.com › title › tt31314745
Trust (2025) ⭐ 3.8 | Thriller
April 27, 2026 - Trust: Directed by Carlson Young. With Sophie Turner, Rhys Coiro, Billy Campbell, Peter Mensah. A Hollywood actress hides in a remote cabin after a scandal, only to find herself betrayed and fighting for survival against someone she once trusted.
Release date   Sep 04, 2025
Duration   01:30:00
Director   Carlson Young
Rating: 3.8/10 ​ - ​ 2.1K votes
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First Citizens Bank
firstcitizensbank.com › trust-investments › investments-trust › what-is-a-trust.html
What is a Trust? | First Citizens Community Bank
A Trust is an arrangement in which your money and/or property is legally managed by someone else or by an organization such as First Citizens Community Bank.
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Investopedia
investopedia.com › terms › t › trust.asp
What Is a Legal Trust? Common Purposes, Types, and Structures
February 28, 2025 - A trust is a fiduciary relationship in which a trustor gives another party, known as a trustee, the right to hold title to property or assets for the benefit of a third party.
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Cambridge Dictionary
dictionary.cambridge.org › dictionary › english › trust
TRUST | English meaning - Cambridge Dictionary
2 weeks ago - TRUST definition: 1. to believe that someone is good and honest and will not harm you, or that something is safe and…. Learn more.
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U.S. Bank
usbank.com › personal banking › wealth management › financial perspectives › trust and estate planning › potential benefits of setting up a trust
Potential Benefits of a Trust | U.S. Bank
April 20, 2023 - Life can be unpredictable. A trust is one way you can take care of the people you love when you’re no longer around or able to assist them.
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Psychology Today
psychologytoday.com › us › basics › trust
Trust | Psychology Today
September 5, 2019 - Trust—or the belief that someone or something can be relied on to do what they say they will—is a key element of social relationships and a foundation for cooperation. It is critical for romantic relationships, friendships, interactions ...