An informal in-trust account is aninvestment accountthat is opened for a child (beneficiary). Once the beneficiary turns the age of majority (determined by province), the account automatically gets transferred to his/her name. These accounts can be opened at mostdiscount brokerages in Canadaand ...
13.(tr) to consign for care:the child was trusted to my care. 14.(tr) to allow (someone to do something) with confidence in his or her good sense or honesty:I trust my daughter to go. 15.(Banking & Finance) (tr) to extend business credit to ...
2.charge or care; responsibility.The child was placed in my trust.carga, cuidado;responsabilidad 3.a tasketcgiven to a person by someone who believes that they will do it, look after itetcwell.He holds a position of trust in the firm.responsabilidad ...
A:A trust fund is money put into a account for a child. That can be used at any point in their life 查看更多回答 Q:Trusthim to do such a silly mistake! 是什么意思? A:そういうバカな失敗は彼らしいです。 查看更多回答 Q:"Trustin yourself inside." ...
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Few things strike more fear into a parent than the thought of a child fending for herself if the parent dies. While this may be the primary reason many parents begin to think about trust funds for their children, it's certainly not the only motivation.
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the child committed to hertrust b(1) :a charge or duty imposed in faith or confidence or as a condition of some relationship (2) :something committed or entrusted to one to be used or cared for in the interest of another c :responsiblechargeor office ...
For example, a parent can open a bank account for the benefit of their minor child and stipulate rules as to when the minor can access the funds or assets in the account as well as any income they generate. In most cases, the trustee who manages the funds and assets in the account ac...
the grantor still decides how the trust principal and income may be distributed to beneficiaries. For example, an individual can set up a trust account to fund a child's educational expenses. The grantor can appoint thetrusteeto distribute funds to meet this goal without giving the child complet...