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A trusdeed, often referred to as a trust deed, is a legal document that establishes a trust and outlines the terms and conditions under which the trust operates. It typically involves a grantor (the person creating the trust), a trustee (the individual or institution managing the trust), and beneficiaries (those who will benefit from the trust). Trust deeds are commonly used in estate planning and can help manage and distribute assets according to the grantor's wishes. They can also be used in real estate transactions to secure loans, where the property serves as collateral for the debt.
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