Law.
a trust that provides a fund for a beneficiary, as a minor, with the title vested so that the fund or its income cannot be claimed by others, as creditors of the beneficiary. Also called sheltering trust .
Law.
a trust that provides a fund for a beneficiary, as a minor, with the title vested so that the fund or its income cannot be claimed by others, as creditors of the beneficiary. Also called sheltering trust .
Random House Webster's Unabridged English dictionary. Полный английский словарь Вебстер - Random House . 2012