Definitions for "Trust account"
A special account wherein monies held in trust are maintained separately from other monies.
See advance deposit account.
An account into which moneys which are held on trust are deposited. Used by solicitors to deposit money which a client provides for conducting a case until the money is needed.• Solicitors - Legal Practitioners
a legal arrangement that allows you to transfer your assets to your desired beneficiaries
A legal plan by which the trustor places assets in trust for a beneficiary.
A trust is the holding of property and the equitable management of that property by one person (a trustee) for another person (a beneficiary). If you transfer property to a trust, you would be considered a "grantor."
Keywords:  valuation