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Trust Company
(redirected from Trust Companies)

    Also found in: Dictionary/thesaurus, Legal, Encyclopedia, Wikipedia 0.01 sec.
Trust company
An organization that acts as a fiduciary and administers trusts.
Trust Company
A company, usually a division of a bank or brokerage, that acts as a trustee. In this relationship, one party, known as the trustor, gives to the trustee the right to hold and invest assets or property on behalf of a third party, known as the beneficiary. Most trusts exist to provide for the financial future of a minor child or mentally incompetent person, or may benefit charitable organizations. Many trusts are exempt from taxation on money given to the beneficiary, but trust companies may charge a fee in order to administer the assets. See also: Trust.
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State Chartered Non-Depository Trust Companies Bank Chairman Address President Year Inc.
State chartered non-depository trust companies by New Hampshire Business Review
The consolidation creates one of the largest independent trust companies in America, with over $19 billion in assets under administration.
AST Consolidates Its Operations with Capital Trust, Strengthens Team ... by Business Wire
One of the major changes New Hampshire's adoption earlier this year of the Trust Modernization and Competitiveness Act of 2006 trust laws brings to the state's trust law is the creation of a new group of trust companies called family fiduciary service companies.
New trust law gives N.H. an advantage by Aronson, Doria DiBona / New Hampshire Business Review
 
 
 
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