- support trust
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A trust that instructs the trustee to spend only as much income and principal (the assets held in the trust) as needed for the beneficiary's support.
Short Dictionary of (mostly American) Legal Terms and Abbreviations.
support trust
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support trust — A protective trust wherein the interest of the beneficiary is protected against his grantees or assignees and against his creditors by limiting his interest to that which is necessary for his support and education. 54 Am J1st Trusts § 163 … Ballentine's law dictionary
Debt Support Trust — is a debt advice charity helping people throughout the United Kingdom. The charity offers consumer debt advice via the telephone and internet. Contents 1 Legal information 2 Service 3 Helping the community … Wikipedia
trust — A legal entity created by a grantor for the benefit of designated beneficiaries under the laws of the state and the valid trust instrument. The trustee holds a fiduciary responsibility to manage the trust s corpus assets and income for the… … Black's law dictionary
Trust in Luton — is a registered Industrial and provident society which acts as the supporters trust for fans of the English football team Luton Town. External links* [http://www.trustinluton.org/ Trust in Luton website] What is a supporters trust?A democratic… … Wikipedia
trust — n 1 a: a fiduciary relationship in which one party holds legal title to another s property for the benefit of a party who holds equitable title to the property b: an entity resulting from the establishment of such a relationship see also… … Law dictionary
trust — n 1 Trust, confidence, reliance, dependence, faith can all mean the fact of feeling sure or the state of mind of one who feels sure that a person or thing will not fail him. Trust implies an absolute and assured resting on something or someone;… … New Dictionary of Synonyms
trust — I (New American Roget s College Thesaurus) n. reliance, confidence; credit; holding company, monopoly. See belief, business. v. rely on, believe in, give credit to. Se belief. II (Roget s IV) n. 1. [Reliance] Syn. confidence, Dependence, belief,… … English dictionary for students
trust — trustable, adj. trustability, n. truster, n. /trust/, n. 1. reliance on the integrity, strength, ability, surety, etc., of a person or thing; confidence. 2. confident expectation of something; hope. 3. confidence in the certainty of future… … Universalium
trust — A fiduciary relationship calling for a trustee to hold the title to assets for the benefit of the beneficiary. The person creating the trust, who may or may not also be the beneficiary, is called the grantor. Bloomberg Financial Dictionary See… … Financial and business terms
trust — trust1 W2S1 [trʌst] n ▬▬▬▬▬▬▬ 1¦(belief)¦ 2¦(organization)¦ 3¦(financial arrangement)¦ 4 take something on trust 5 position of trust 6¦(companies)¦ ▬▬▬▬▬▬▬ [Date: 1100 1200; : Old Norse; Origin: traust confidence, trust ] … Dictionary of contemporary English
