trust instrument

Definition of "trust instrument"
  1. A written declaration or agreement that establishes and lays out the terms of a trust
How to use "trust instrument" in a sentence
  1. A trust instrument was prepared to determine how the assets would be allocated among the beneficiaries.
  2. The trust instrument contained details about the role of the trustee and the manner of asset distribution.
  3. Incorporating a trust instrument can be a useful estate planning tool.

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