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{{PLSTipsbox | {{PLSTipsbox | ||
| text = A trust is a part of the estate that is set aside in the will for a beneficiary, often a minor child, on certain terms. Many wills name the executor as the trustee as well. The trustee is responsible for: | | text = A '''trust''' is a part of the estate that is set aside in the will for a beneficiary, often a minor child, on certain terms. Many wills name the executor as the trustee as well. The trustee is responsible for: | ||
* making sure that all of the trust assets are properly invested or kept in a safe place, | * making sure that all of the trust assets are properly invested or kept in a safe place, | ||
* filing annual trust tax returns, and | * filing annual trust tax returns, and |
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