Definitions for "Abstract of trust"
A condensed version of a trust which includes only key parts such as who are the trustees and successor trustees. An Abstract of Trust is used to establish that a valid trust has been established without disclosing specifics either the trustee or beneficiaries want to keep confidential.
A summarized version of a living trust document.
A condensed version of a living trust document, which leaves out details of what is in the trust and the identity of the beneficiaries. You can show an abstract of trust to a financial organization or other institution to prove that you have established a valid living trust, without revealing specifics that you want to keep private. In some states, this document is called a "certification of trust."