Phrases with «to fund the trust»

"To fund the trust" means to transfer assets or money into a trust account for the benefit of someone or something. It involves placing resources into a trust to be managed and used according to the specified terms and conditions of the trust agreement. Full definition

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Sentences with «to fund the trust»

  • And any time you sell units of a mutual fund trust for more than you paid, you'll incur a taxable capital gain. (moneysense.ca)
  • You will need a larger policy if you have other priorities, such as funding a trust for a child with special needs. (nerdwallet.com)
  • Permanent life insurance can help fund a trust for that person after you die. (nerdwallet.com)
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