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trust that enables a person to avoid possible conflict of interest by transferring assets to a fiduciary; the person establishing the trust gives up the right to information about the assets blind trust
legal duty of a fiduciary to act in the best interests of the beneficiary fiduciary duty
organization (usually with a commercial bank) that is engaged as a trustee or fiduciary or agent in handling trust funds or estates of custodial arrangements or stock transfers or related services trust company , trust corporation
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