express trust

Definition of "express trust"
  1. A type of trust which is purposefully established by the individual, known as the settlor
How to use "express trust" in a sentence
  1. The wealthy couple established an express trust to make sure their assets would be managed according to their wishes after their death.
  2. Any real estate property can be placed in an express trust for the benefit of a child or grandchild.
  3. If you wish to secure your finances and assets for future generations, consider creating an express trust.

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