A right of property, real or personal, held by one party for the benfit of another. Any arrangement whereby property is transferred with the intention that it be administered by the trustee for another’s benefit.
LAW OFFICES OF JOSEPH P. FOLEY
Estate Planning, Probate, and Conservatorships
A right of property, real or personal, held by one party for the benfit of another. Any arrangement whereby property is transferred with the intention that it be administered by the trustee for another’s benefit.