Blind Trust
A trust in which the executors have full discretion over the assets, and the trust beneficiaries have no knowledge of the holdings of the trust. Investopedia Says:
Blind trusts are generally used when a trustor wishes to keep the beneficiary unaware of the specific assets in the trust, such as to avoid conflict of interest between the beneficiary and the investments. Related Terms:
Beneficiary
Distributable Net Income - DNI
Exemption Trust
Fiduciary Abuse
Generation-Skipping Trust
Irrevocable Trust
Trustee
Trustor
Unit Investment Trust
Unit Trust |