FOLIO Ontology

Identification

IRI:
https://folio.openlegalstandard.org/R9KvzcwdZ3asqh9BPZRGWR7
Label Trust
Preferred Label N/A
Identifier N/A
Alternative Labels

None

Definition

A trust, in estate planning, is a legal entity that holds and manages assets for the benefit of specific individuals or entities, known as beneficiaries. It's established by a grantor (or settlor) and is overseen by a trustee who ensures the assets are managed and distributed according to the grantor's instructions.

Class Relationships

Sub Class Of

Is Defined By

N/A

See Also

None

Class Hierarchy Visualization

Interactive graph showing class relationships - click on any node to navigate to that class

Additional Information

Metadata

Comment

None

Description

None

Notes

  • None

Editorial Information

History Note

None

Editorial Note

None

Deprecated

No

Source and Origin

No source or origin information available