Abstract Of Trust

Business, Legal & Accounting Glossary

Definition: Abstract Of Trust

Abstract Of Trust

What is the dictionary definition of Abstract Of Trust?

Dictionary Definition

A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract of trust to a financial organization or other institution to prove that you have established a valid living trust, without revealing specifics that you want to keep private. In some states, this document is called a “certification of trust.”

Cite Term

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Page URL
Modern Language Association (MLA):
Abstract Of Trust. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
October 04, 2022 https://payrollheaven.com/define/abstract-of-trust/.
Chicago Manual of Style (CMS):
Abstract Of Trust. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/abstract-of-trust/ (accessed: October 04, 2022).
American Psychological Association (APA):
Abstract Of Trust. PayrollHeaven.com. Retrieved October 04, 2022
, from PayrollHeaven.com website: https://payrollheaven.com/define/abstract-of-trust/

Definition Sources

Definitions for Abstract Of Trust are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 22nd April, 2020 | 0 Views.