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Trust
A relationship where a person or organisation (the trustee) is under an obligation to hold property (real estate and/or money) for the benefit of other persons (the beneficiaries).
Definitions
- beneficiaries
People, charities and organisations who you decide will receive or benefit from your estate when you pass away.
![Grandfather and son in the park](/sites/default/files/styles/landscape/public/2020-10/Thumbnail_20_pwd_div_family.jpg?h=e2bcc475&itok=JSb5NpN_)
A trust is a relationship where a person or organisation (trustee) is under obligation to hold real estate and money to benefit other persons (beneficiaries).
Definitions
- beneficiaries
People, charities and organisations who you decide will receive or benefit from your estate when you pass away.
![Mother and daughter cutting laughing in the kitchen](/sites/default/files/styles/landscape/public/2020-10/Thumbnail_15_div_family.jpg?h=e2bcc475&itok=r7XRtGy9)
Find out all the legal and trustee costs and fees for NSW Trustee and Guardian to administer an estate with a continuing trust or set up or transfer a trust.
Make a Will for peace of mind that your loved ones will be protected. Rely on expert guidance from NSW Trustee and Guardian to make it simple.