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What is a Trust?

A:

A trust is confidence placed in a person by making that person the nominal owner of property to be held or used for the benefit of one or more others. When in written form it is a legally binding contract and commitment to those who sign it. The Transition highly recommends all BUDs create a trust so everyone understands the expectations that exist for their participation. You can view The Transition Team's Trust and use it as a guideline to design your own.