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Unlocking the secrets of trusts 🔓 A legal arrangement where a trustee holds and manages assets on behalf of beneficiaries. From property to stocks, anything that can be owned can be placed in a trust. The person creating the trust transfers ownership to the trustee who then manages and invests the assets according to the terms set. Beneficiaries receive the benefits, such as income or the right to occupy. Trusts serve various purposes, from estate planning and asset protection to supporting vul
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