Tag: trust law

  • Trust Law and Self-sovereign Identification

    Trust Law and Self-sovereign Identification

    A trust is a three-party fiduciary relationship in which the first party, the trustor or settlor, transfers (“settles”) a property (often but not necessarily a sum of money) upon the second party (the trustee) for the benefit of the third party, the beneficiary. This is the basic legal premise of trust law. A testamentary trust…