#trust  something (as property) held by one party (the trustee) for the benefit of another (the beneficiary); "he is the beneficiary of a generous trust set up by his father"
  supertype:  #belongings__property__holding__material_possession  something owned; any tangible possession that is owned by someone; "that hat is my property"; "he is a man of property";
  subtype:  #active_trust  a trust in which the trustee must perform certain duties
  subtype:  #passive_trust__passivetrust  a trust in which the trustee performs no active duties
  subtype:  #charitable_trust__public_trust  a trust created for charitable or religious or educational or scientific purposes
  subtype:  #Clifford_trust__grantor_trust__grantortrust  a trust established to shift the income to someone who is taxed at a lower rate than the grantor for a period of 10 years or more
  subtype:  #implied_trust__impliedtrust  a trust inferred by operation of law
     subtype:  #constructive_trust__involuntary_trust__involuntarytrust  a trust created by a court (regardless of the intent of the parties) to benefit a party that has been wrongfully deprived of its rights
     subtype:  #resulting_trust  a trust created by a court when it is judged that it was the intention of the parties to create a trust
  subtype:  #direct_trust__express_trust__expresstrust  a trust created by the free and deliberate act of the parties involved (usually on the basis of written documentation)
  subtype:  #discretionary_trust__discretionarytrust  a trust that gives the trustee discretion to pay the beneficiary as much of the trust income as the trustee believes appropriate
  subtype:  #living_trust__inter_vivos_trust__intervivostrust  a trust created and operating during the grantor's lifetime
  subtype:  #spendthrift_trust__spendthrifttrust  a trust created to maintain a beneficiary but to be secure against the beneficiary's improvidence
  subtype:  #testamentary_trust  a trust that is created under a will and that becomes active after the grantor dies
  subtype:  #savings_account_trust__savingsaccounttrust__savings_bank_trust__trust_account__trustaccount__trustee_account__trusteeaccount__Totten_trust  a savings account deposited by someone who makes themselves the trustee for a beneficiary and who controls it during their lifetime; afterward the balance is payable to the previously named beneficiary
  subtype:  #voting_trust  an agreement whereby persons owning stock with voting powers retain ownership while transferring the voting rights to the trustees

No statement uses or specializes #trust; click here to add one.


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