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A company is any business who's main goal is to gain a profit. While a trust is typically a group of members who deal with financial responsibility and allocation of funds.
Wiki User
∙ 9y ago
Wiki User
∙ 9y agoA trust company and a brokerage are both places where money can be kept. However, a trust keeps the money for a future time, while a brokerage will invest the money.
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What is the difference between credit shelter trust and irrevocable trust?
What is the difference between credit shelter trust and irrevocable trust?
Difference between trust company and sole trustee?
A trust company is a company that acts as a trustee for people and other entities and that sometimes acts as a commercial bank. A sole trustee is the person or other entity appointed to manage a particular trust according to the provisions set forth in the trust document.
What is the difference between trust lands and reservations?
Trust lands are typically owned by a tribal government and held in trust by the federal government, while reservations are areas of land set aside for Native American tribes by the federal government. Trust lands provide a legal structure for managing and protecting the land and its resources, while reservations are more about preserving tribal sovereignty and providing designated lands for tribal communities.
What is is the difference between a trust and a monopoly?
A monopoly is a company that owns all parts of a business and a trust is different companies that meet to reduce competition and form prices within the same range.
What is the difference between a trust and a monopoly?
A monopoly is a company that owns all parts of a business and a trust is different companies that meet to reduce competition and form prices within the same range.
What is the difference between trust and mistrust?
mistrust is you cant trust someone and trust is well you trust someone
What is the difference between a valid trust and enforceable contract?
a valid trust is true and an enforcebale trust can be enforced
What is the difference between trust and believe?
the Difference can be explained by an example.There is a belief among the employess that they have appraisal. Employees trust that there is a appraisal.
Difference between complex trust with 100 exemption and 300 exemption?
There is one main difference between exemptions in a trust. According to the IRS, a 100 exemption on a trust is a simple and personal trust, a 300 exemption is a complex trust, usually for a charitable organization.
Is there a difference between a trust and a will?
Yes, there is a difference between a trust and a will. A trust is a legal arrangement where a trustee holds assets on behalf of beneficiaries, while a will is a document that outlines how a person's assets should be distributed after their death. Trusts can be used to manage assets both during someone's lifetime and after their death, providing more control and privacy compared to a will.
What is the difference between a trust and a cartel?
In trust we lose our independence. In cartel we retain the independence.....
What is the difference between a cartel and a trust?
A cartel is an agreement between competing firms to control prices or limit competition in a specific market, often through collusion. A trust is a legal entity created to combine multiple businesses under common ownership to reduce competition and control markets. Both aim to restrict competition but operate differently in terms of structure and legality.
