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Community: Investing Wiki

Term Of The Hour

declaration of trust: Original post by John Barron of Demand Media A trust is a contractual arrangement where an individual, known as a grantor, conveys or transfers the title of property to a third party, called a trustee. This is for the benefit of individuals whom the grantor designates. An irrevocable trust is one in which the terms of the trust cannot be modified, changed or revoked by the grantor, or any other…

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