A legal document in which one person transfers assets to another who manages them for designated beneficiaries is called a

Name: A legal document in which one person transfers assets to another who manages them for designated beneficiaries is called a
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A trust is a legal arrangement where one party, known as the trustor, grants another party, the trustee, the right to hold title to property or assets for the benefit of a third party, the beneficiaries.

A Legal Document in Which One Person Transfers Assets to Another