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direct trust

   Also found in: Wikipedia 0.03 sec.
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Noun1.direct trust - a trust created by the free and deliberate act of the parties involved (usually on the basis of written documentation)
express trust
trust - something (as property) held by one party (the trustee) for the benefit of another (the beneficiary); "he is the beneficiary of a generous trust set up by his father"


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Findings from this study will benefit online auctioneers, such as sellers and intermediary websites, because the direct trust drivers that will be identified will help individual/business sellers and intermediary online auction website managers better understand buyers' needs and expectations.
Empirical investigation on reputation and product information for ... by Widdows, Richard / Journal of Academy of Business and Economics
The grantor may also retain the right to direct trust property distribution on death by way of a testamentary special power of appointment, and, in the case of multiple beneficiaries, retain the right to veto distributions to other beneficiaries.
Alaska trusts by Morse, Christy K. / The Tax Adviser
A key advantage of Advisor Direct Trust is that it allows Estate Planning Team advisors to continue to have full discretion to choose and manage investments that best meet the investment objectives of their clients' trusts, including stocks, bonds, mutual funds and other marketable securities.
The Estate Planning Team to Offer Franklin Templeton Bank & Trust ... by Business Wire
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