Type of trust in which a certain percentage of annually assessed fair market value of trust property is paid to the trust's beneficiary. Not to be confused with unit trust.

Use unitrust in a sentence

  • The unitrust agreement was made and all the people involved were very happy with the outcome and what it meant for our firm.

    22 people found this helpful
  • You need to make sure that all of the money ends up in the right place when you have entered into a unitrust.

    20 people found this helpful
  • My father set up a unitrust to ensure that he would be paid a fixed annuity percentage on the publicly traded stocks he owns.

    17 people found this helpful
Show more usage examples...


Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z