Abstract of trust
Definition
A shortened version of a Living Trust document, leaving out certain details (what is in the trust, the beneficiaries' identity). This is often used to provide proof that a trust has been established to a financial organization or other institution, without revealing specifics that you want to keep private.
Also known as a Certification of Trust.
See also
Definition from Nolo’s Plain-English Law Dictionary
Definition provided by Nolo’s Plain-English Law Dictionary.
August 19, 2010, 5:10 pm