Trusts

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Across
  1. 2. The principal body of property or assets held within a trust
  2. 4. A trust created and operating during the creator's lifetime
  3. 9. A type of trust that can be changed or canceled during the creator's life
  4. 10. Legal court process that validates a will but is avoided by a living trust
  5. 11. A trust created after death via a person's will
  6. 13. Person or entity that manages the trust assets
Down
  1. 1. A trust created for philanthropic or public good
  2. 3. Provision protecting trust assets from a recipient's creditors
  3. 5. Trust type designed to minimize taxes by moving assets permanently
  4. 6. Person or group who receives the benefits of the trust
  5. 7. Person or company assigned to wind down trust affairs if a trustee steps down
  6. 8. Person who creates and funds the trust
  7. 12. Property or cash held in a trust