Blind Trust


DEFINITION of 'Blind Trust'

A trust in which the executors have full discretion over the assets, and the trust beneficiaries have no knowledge of the holdings of the trust.


Blind trusts are generally used when a trustor wishes to keep the beneficiary unaware of the specific assets in the trust, such as to avoid conflict of interest between the beneficiary and the investments.

  1. Unit Trust - UT

    An unincorporated mutual fund structure that allows funds to ...
  2. Beneficiary

    Anybody who gains an advantage and/or profits from something. ...
  3. Unit Investment Trust - UIT

    An investment company that offers a fixed, unmanaged portfolio, ...
  4. Trustee

    A person or firm that holds or administers property or assets ...
  5. Trustor

    An individual or organization that gifts funds or assets to others ...
  6. Irrevocable Trust

    A trust that can't be modified or terminated without the permission ...
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