https://www.confiduss.com/en/services/incorporation/purpose/trust/ - Trust

A trust is a company that acts as an asset manager (fiduciary) for another business. It is a legal arrangement whereby the settlor transfers his or her assets (real estate property, dividends, savings or other assets) to another person — the trustee — so that they may be used to benefit the beneficiaries (who can be either a single individual or a group). The main function of a trust is to manage assets on behalf of their owner for the benefit of the beneficiaries.