A trust is a legal document that arranges for trustees to be made responsible for holding assets. The assets - typically money, property and land - are placed in trust specifically for a beneficiary or beneficiaries.
It is the trustees job to manage the trust by carrying out the wishes of the settlor. The settlor is the person that has placed assets into the trust and the settlor's wishes for the trust are usually written in their Will or a deed. We appreciate that initially this can be difficult to follow and we often find the easiest way to describe how a trust works is to link it to your specific circumstances.
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