Define trust account. trust account synonyms, trust account pronunciation, trust account translation, English dictionary definition of trust account. n 1. Also called: trustee account a savings account deposited in the name of a trustee who controls it d
Types of Trust Accounts Benefits and Downsides of Trust Accounts Recordkeeping and Liability Lesson Summary Frequently Asked Questions What is the purpose of a trust account? The purpose of a trust account is to avoid probate, save on taxes, and protect assets from creditors. It can also help ...
Define trustee account. trustee account synonyms, trustee account pronunciation, trustee account translation, English dictionary definition of trustee account. Noun 1. trustee account - a savings account deposited by someone who makes themselves the trus
trust account Advertisement trust account noun(2) AmericanBritish noun an account of property established with a trust company by a grantor, for distribution during or after the grantor's lifetime. Also calledtrustee account .Banking.a savings account over which the depositor, while living, has ...
The word cereal comes from the Roman goddess, Ceres, who is the goddess of agriculture. Advertisement Advertisement truss rodtrust account Browse # aa bb cc dd ee ff gg hh ii jj kk ll mm nn oo pp qq rr ss tt uu vv ww xx
The meaning of TRUST is assured reliance on the character, ability, strength, or truth of someone or something. How to use trust in a sentence.
The meaning of TRUST is assured reliance on the character, ability, strength, or truth of someone or something. How to use trust in a sentence.
Define Trust A. means the trust established by the trust agreement between the Corporation and the Trustee which provides for the issue of Treasury Shares to the Trustee as Restricted Shares hereunder and from which the Trustee distributes Released Share
Related to trust: living trust, trust fund, trust account, trust relationshiptrust [trust] a concept involving both confidence and reliance; to trust someone is to become vulnerable and dependent on the other person's intentions and motivations. Important trust relationships in health care are bet...
An account in trust or trust account refers to any type of financial account that is opened by an individual and managed by a designatedtrusteefor the benefit of a third party per agreed-upon terms. For example, a parent can open a bank account for the benefit of their minor child and ...