Blind Trust

What Does Blind Trust Mean?
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.

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.

Filed Under: Personal Finance

Related Terms

Beneficiary
Distributable Net Income - DNI
Exemption Trust
Fiduciary Abuse
Generation-Skipping Trust
Irrevocable Trust
Trustee
Trustor
Unit Investment Trust
Unit Trust
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