a lawful arrangement through which someone or Corporation controls house or dollars for the advantage of An additional individual or organization:
an arrangement concerning two or even more firms to work alongside one another illegally, by way of example to regulate rates:
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Charitable trust: This trust Gains a particular charity or nonprofit organization. Typically, a charitable trust is recognized as Element of an estate approach and will help decreased or stay clear of estate and gift taxes.
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Charitable trust: An irrevocable trust that donates assets during the trust account to one or more charities.
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