Qualified personal residence trust: An irrevocable trust wherein you transfer a house on your heirs but reach are in it for any specified time period initially.
These examples are from corpora and from resources on the web. Any views within the illustrations tend not to represent the view with the Cambridge Dictionary editors or of Cambridge College Press or its licensors.
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The trust's beneficiaries are individuals that gain from the trust, and the trustee makes sure that the beneficiaries are compensated.
A charitable remainder trust, funded all through someone's life time, disperses earnings for the designated beneficiaries (like kids or perhaps a husband or wife) for the specified interval and afterwards donates the remaining property to your charity.
Testamentary trust: Made with the terms of one's will; unlike other trusts, these trust accounts are only funded on your Dying.
Under the phrases of your trust he receives interest on The cash, but he cannot get at the money itself.
2nd, the observation that attuned musical responsiveness was trust bet important to the kids's exchanges suggests that teachers have to have to ascertain an atmosphere of trust and empathy.
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A trust fund is the particular account or lawful entity that retains the trust's property; a trust may be the legal settlement that produces the fund
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The money that her father left her is becoming held/kept trust bet in trust (= getting controlled) for her right up until she's thirty.
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