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What happens when a trust is formed?

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User Padmarag
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1 Answer

9 votes

Answer:

Step-by-step explanation:

A trust is a way of holding and managing property, whereby the person setting up the trust (called the grantor, settlor, or trustor) transfers property to a trustee, who manages the property for the benefit of others (called beneficiaries)

answered
User J Edward Ellis
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