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Explain What Is Trust And Types Of Trust? |
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Answer» A trust in an arrangement, where the third PARTY (trustee) holds the assets such as money or PROPERTY for one or more beneficiary of an INDIVIDUAL. MANY people create a trust to avoid probate. A trust in an arrangement, where the third party (trustee) holds the assets such as money or property for one or more beneficiary of an individual. Many people create a trust to avoid probate. |
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