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business trust

A legal organization established through a trust in which the trustees manage and control assets for the benefit of the trust's beneficiaries. Used primarily to transact securities or real estate where the income, profits and losses are shared proportionately among beneficiaries and the assets are protected from creditors and litigation. In some states, a business trust is subject to the laws of trusts, while in others it is subject to the general laws of incorporation or partnership formation.

Related information about business trust:
  1. Massachusetts business trust - Wikipedia, the free encyclopedia
    A Massachusetts Business Trust (MBT) is a legal trust set up for the purposes of business, but not necessarily one that is operated in the Commonwealth of ...
     
  2. Trust (monopoly) - Wikipedia, the free encyclopedia
    A "trust," or "corporate trust" means a large business. Originally, it was a legal instrument used to consolidate power by large American enterprises. In 1881 ...
     
  3. Business Trust - Legal Dictionary - The Free Dictionary
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  4. Business Trust
    From 1999 to 2011 the Business Trust combined the resources of business and government to accelerate the achievement of national objectives. Through the ...
     
  5. Business Trusts: Scam or Savior?
    In a business trust, the settlor also is the beneficiary, and there are often multiple trusts layered over each other in order to evade taxes. For example, imagine ...
     
  6. What Is a Business Trust?
    A business trust is a legal organization set up to control and manage assets and property. To be considered a business trust, a...
     
  7. What is business trust? definition and meaning
    Definition of business trust: Commercial organization managed by appointed trustees (who hold the title to the business' property) for the benefit of one or more ...
     
  8. First Business Trust & Investments
    Division of a locally managed financial services company that specializes in trustee services, investment management services, and nonproprietary qualified ...