trust agreements
Asset protection contracts
Trust agreements are legal documents establishing a trust—an arrangement where one party holds assets for the benefit of another.
The agreement specifies the trustee (who manages the assets), the beneficiaries (who receive the benefits), and the terms governing distribution.
Trust agreements serve estate planning, asset protection, and charitable purposes: The trust agreement specified that the children would receive their inheritance at age twenty-five.
- probate lawRules for distributing inheritances
- estate planningPreparing asset distribution posthumously
- fiduciary dutyObligation to act loyally
- settlorTrust's founding party
- grantorOne who transfers rights
beneficiary · real estate holdings · wealth management · investment portfolio · charitable giving · estate law · contract law · tax law · executor · legal counsel · pour-over will · annuities · asset protection · securities · succession planning · bonds · mutual funds · cash reserves