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A trust is a legal arrangement where assets are managed for the benefit of beneficiaries, while a foundation is a legal entity set up to support charitable or philanthropic causes. Trusts are typically used for managing assets and passing on wealth, while foundations are focused on charitable giving and supporting specific causes.

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6mo ago

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What is the difference between a depositary share preferred and a trust preferred stock?

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How can a strong foundation of trust be established in relationships and organizations?

A strong foundation of trust can be established in relationships and organizations through open communication, honesty, reliability, and consistency in actions and words. Building trust takes time and effort, but it is essential for fostering positive and healthy relationships.


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The major difference between a Unit Trust and a mutual fund is that a mutual fund is actively managed, while a unit investment trust is not managed at all. Capital gains, interest and dividend payments from the trust are passed on to shareholders at regular periods. If the trust is one that invests only in tax-free securities, then the income from the trust is also tax-free. A unit investment trust is generally considered a low-risk, low-return investment. Some investors prefer Unit Trusts to mutual funds because Unit Trusts typically incur lower annual operating expenses (since they are not buying and selling shares); however, Unit Trusts often have sales charges and entrance/exit fees. Mutual funds can be open ended or close ended. But unit trusts are open ended instruments.


What is the difference between a living trust and an estate?

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Is the same as the difference between middle and center

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