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Allows one group to control many companies

A trust is a legal vehicle whereby the legal title and the equitable title to the property comprising the trust res is split between a trustee and a beneficiary. The conveyance of property into a trust functions to put the trust res at arm's length from both the grantor and the beneficiary for various reasons, both legal and capricious.

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Willard Bayer

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3y ago

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Related Questions

What is a Trust Res?

The property owned by a trust is the trust res.The property owned by a trust is the trust res.The property owned by a trust is the trust res.The property owned by a trust is the trust res.


When does a trust become finished and not sueable?

When the trust has been terminated according to the provisions in the trust instrument and the trust property has been distributed to the trust beneficiaries.When the trust has been terminated according to the provisions in the trust instrument and the trust property has been distributed to the trust beneficiaries.When the trust has been terminated according to the provisions in the trust instrument and the trust property has been distributed to the trust beneficiaries.When the trust has been terminated according to the provisions in the trust instrument and the trust property has been distributed to the trust beneficiaries.


Can you trust me and I trust you?

Yes. Yes you may trust us. And we trust you.


When a revocable trust becomes a irrevocable trust after a person dies is trust a non grantor trust or a grantor trust?

it remains a grantor trust


What is the timing of a trust disbursement after death?

Every trust is unique to the document that created that trust. You need to review the trust document for your answer.Every trust is unique to the document that created that trust. You need to review the trust document for your answer.Every trust is unique to the document that created that trust. You need to review the trust document for your answer.Every trust is unique to the document that created that trust. You need to review the trust document for your answer.


Who has the most trust points on WikiAnswers?

2,000+ Trust Points on WikiAnswersThe following 45 WikiAnswers contributors have all earned more than 2,000 trust points (figures correct as of July 18, 2012):8,981 trust points - User:Marcy5,653 trust points - User:USCitizen5,643 trust points - User:RoyR5,189 trust points - User:Macky5,011 trust points - User:Clay5,009 trust points - User:Aggie804,893 trust points - User:Ranger224,893 trust points - User:Dlmick4,646 trust points - User:Joncey4,622 trust points - User:Crystal4,474 trust points - User:Keats4,181 trust points - User:Chris3,978 trust points - User:Ksmail3,880 trust points - User:Neila2223,781 trust points - User:Viper1usmc3,730 trust points - User:Quirkyquantummechanic3,560 trust points - User:Redbeard3,428 trust points - User:Grevillea3,315 trust points - User:HisPowr4U3,147 trust points - User:Deb3,136 trust points - User:Jadeacres3,103 trust points - User:elosery3,065 trust points - User:Delltechie2,997 trust points - User:Brave32,967 trust points - User:JEK2,874 trust points - User:Ganderton2,850 trust points - User:On_the_Wallaby2,831 trust points - User:Englishangel2,779 trust points - User:Katz22,625 trust points - User:Sdresh2,622 trust points - User:Schnazola2,614 trust points - User:Dfoofnik2,587 trust points - User:Myrab512,561 trust points - User:Emdrgreg2,557 trust points - User:Simplemary2,516 trust points - User:Blue2,514 trust points - User:JayKay2,487 trust points - User:Natural_Val2,427 trust points - User:TrishaR2,306 trust points - User:Robbb2,285 trust points - User:An8thg2,138 trust points - User:Tina2,083 trust points - User:Squirrel_Man2,046 trust points - User:Hooweestik2,038 trust points - User:BaldfatguyNOTE: THERE IS CURRENTLY A PROBLEM WITH THE TRUST POINTS BEING GIVEN. THIS ANSWER WILL BE UPDATED ONCE IT'S FIXED.~ Top 100 All-time Contributors ~Click on the Related Link, further down this page,to see the list of the Top 100.


What is trust corpus?

the body of a trust. contents of trust.


Can you sell land out of a revocable trust?

Yes, as long as the trust was properly drafted the trust property can be sold by the trustee of the trust.Yes, as long as the trust was properly drafted the trust property can be sold by the trustee of the trust.Yes, as long as the trust was properly drafted the trust property can be sold by the trustee of the trust.Yes, as long as the trust was properly drafted the trust property can be sold by the trustee of the trust.


What is the Polish word for trust?

Trust, as in that you trust someone, is zaufanie. Trust as a sort of an financial organisation is fundusz.


Can a revocable trust be changed by a codicil?

Generally, a revocable trust is a living trust. The instrument that created the trust, sometimes called a Declaration of Trust, must set forth all the provisions of the trust including how and if it can be amended. Amendments to a trust must be attached to the original trust instrument. If the trust is recorded in the land records any amendments thereto must be recorded in the land records. Changes to a living trust are called trust amendments.A testator can also set forth a trust in their will. That type of trust is called a testamentary trust. A testamentary trust can be amended by a codicil.


What is Washington state's economy based on?

trust trust trust


How do you trust people on Answers.com?

if they have a lot of trust points then trust them.

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