- A trust is a guardian relationship wherein one party, known as a trustor, gives another party, the legal administrator, the option to hold title to property or resources to help an outsider, the recipient.

- Trusts are laid out to give lawful security to the trustor's resources, to ensure those resources are circulated by the desires of the trustor, and to save time, decrease desk work and, now and again, stay away from or diminish legacy or home charges. In finance, a trust can likewise be a sort of shut end store worked as a public restricted organization.

* Talk about the various Categories of Trusts