What are the stipulations of forming a "Trust"?

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What are the stipulations of forming a "Trust"?

I would like to know who can form "trust" and what are its salient features and merits and demerits. How is it differerent from a " Foundation"?

2007-06-06 13:39:24 · 2 answers · asked by Anonymous in Business & Finance ➔ Corporations

By "Trust" I mean a legal document formed by an individual.

2007-06-06 15:23:47 · update #1

2 answers

To find out what Trust means in legal parlance see:
en.wikipedia.org/wiki/Trust

2007-06-08 11:23:01 · answer #1 · answered by Ishan26 7 · 0⤊ 0⤋

i always try to give people a certain amount of trust to begin with until they prove they either don't deserve my trust OR they deserve more depending on them.so yes i think you can say building trust is like building a foundation.

2007-06-06 21:16:06 · answer #2 · answered by im whats up! 3 · 0⤊ 0⤋