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Trusts may also be used to protected belongings for unique functions, for instance a beneficiary's education and learning or to aid them commence a company.
Irrevocable trusts are long-lasting after signed and funded. They’re typically employed to reduce estate taxes since the assets in an irrevocable trust technically belong on the trust, not the grantor.
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Good Vocabulary: relevant words and phrases and phrases Trusts & money annuity blind trust charitable trust covenant something to anyone/anything fund funding holding company kitty mutual fund non-discretionary pension fund pension approach slush fund guidance syndic the Consolidated Fund trust fund trustee trusteeship unit trust See a lot more results »
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The money that her father remaining trustbet her is remaining held/kept in trust (= being managed) for her until she's thirty.
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