Blind Trust

What does it 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 Says... 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.

Terms Related Links

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

Terms Related Links
Update Your Beneficiaries - Life changes make it time to rewrite your plan's designations.

Problematic Beneficiary Designations - Part 1 - Make sure your beneficiary designations not only reflect your intentions but also meet the requirements to be effective.

Problematic Beneficiary Designations - Part 2 - Designating a trust as your IRA beneficiary can be beneficial, but it requires proper planning to avoid problems.





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