What area of law does "Trust" relate to?

"Trust" most often comes up in Estate Planning matters. You can browse Estate Planning lawyers on LexPilot.

Is this definition legal advice?

No. LexPilot explains legal terms in plain language for general information only — it is not legal advice and does not create an attorney–client relationship. Consult a licensed attorney about your situation.

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Legal term

Trust

A legal arrangement where one party holds assets for another's benefit.

Trusts can manage assets during life and pass them on at death, often avoiding probate and adding privacy.

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Related terms

Probate

Frequently asked questions

What does "Trust" mean?: A legal arrangement where one party holds assets for another's benefit.
What area of law does "Trust" relate to?: "Trust" most often comes up in Estate Planning matters. You can browse Estate Planning lawyers on LexPilot.
What are some legal terms related to "Trust"?: Related terms include Probate.
Is this definition legal advice?: No. LexPilot explains legal terms in plain language for general information only — it is not legal advice and does not create an attorney–client relationship. Consult a licensed attorney about your situation.

LexPilot is an independent information directory. It is not a law firm, does not provide legal advice, and does not create an attorney–client relationship. Always consult a licensed attorney for advice on your specific situation.

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