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Trust company - Wikipedia

A trust company is a corporation that acts as a fiduciary, trustee or agent of trusts and agencies. A professional trust company may be independently owned or owned by, for example, a bank or a law firm, and which specializes in being a trustee of various kinds of trusts.…

Trust Small Business

A trust is a structure where a trustee carries out the business on behalf of the trust’s members (or beneficiaries). A trust is not a separate legal entity. A trustee may be an individual or a company. The trustee is legally liable for the debts of the trust and may use its assets to meet those debts.…

Trust business structure Business Queensland

A trust is not a separate legal entity. A trust may be discretionary (i.e. the trustee decides how profit will be distributed among beneficiaries) or have fixed interests (i.e. it will benefit certain people in predetermined proportions). Commonly, the trustee is a company (a corporate trustee); often this business structure is more tax effective.…

Business structures: Trust Business Victoria

Aug 27, 2019 · Trust explained. A trading trust is usually an entity that holds property (capital) for certain beneficiaries. This type of business structure is formed when a gift or settlement is made to a trustee (a person or a company) on behalf of a yet-to-be-formed trust.…

How to Create a Trust Company Bizfluent

A trust company is a corporation authorized to act as trustee for a group or organization. The advantage of a trust company structure is that it allows an entity to legally conduct business for another entity. That entity can be another organization or an individual. Three forms of trust companies exist: ...…