Trust Instrument
/ˈtrʌst ˈɪnstrəmənt/
Definitions
- (n.) A written legal document that creates, defines, or governs a trust.
The trust instrument specifies how the trustee must manage the trust assets.
Forms
- trust instruments
Related terms
See also
Commentary
The trust instrument is fundamental for establishing the terms and conditions of a trust; precise drafting is crucial to reflect the settlor's intent and to avoid ambiguity.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.