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Tag: Working of Blind Trusts

Blindfolded hand letting go of assets to a trustee, illustrating blind trust detachment

Blind Trusts: Understanding the Purpose, Workings, and Alternatives

April 23, 2024 FinanceFacts101 Financial Tools

Definition of a Blind Trust A blind trust is a unique form of trust where an individual relinquishes all control over their assets and investments, transferring full authority to a trusted third party – the trustee. The primary objective of a blind trust is to remove potential conflicts of interest

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