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. |
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Investopedia explains 'Blind 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. |
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