Fiduciary trust

A fiduciary trust is a fiduciary relationship in which a trustee holds the title to assets for the beneficiary.

The trust's creator is called the grantor and a fiduciary trust is structured under trust law.

[1] One usage of the term "fiduciary trust" is to distinguish the word "trust" from usage in general contexts where it does not imply a trustee-beneficiary relationship, and also sometimes to distinguish it from implied trusts (such as some constructive trusts and some resulting trusts) in which the trustee does not have express intent of a major fiduciary duty involving nontrivial discretion on the part of the trustee.

This finance-related article is a stub.

You can help Wikipedia by expanding it.