Tag Archives: Blind Trusts

A Blind Trust: What is it?

blind trust word or concept represented by wooden letter tiles on a wooden table with glasses and a book

The beneficiary of a blind trust also has no knowledge of what goes on with the trust. However, in most cases, the trust-maker is also the beneficiary. That is, the trust contains their personal money and property, and the trustee manages that money and property for the benefit of the trust-maker-beneficiary—the trust-maker-beneficiary just has no knowledge of, or control over, the activities of the trust.