Eric Campbell T.
Trust Officer-real Estate Planning at True Trust Services
Based in San Diego County, United States
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Seniority
Manager
Department
Legal
Location
San Diego County
Industry
Financial Services
Company size
3
Contact information
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e•••••••@truetrustservices.com
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Background
About Eric Campbell T.
WHAT IS A TRUST? To state it in the simplest terms,"A trust is a right of property, real or personal, held by one party for the benefit of another." There are many types of trusts designed for a variety of purposes. The Family Living Revocable Trust is generally the trust created by almost all attorneys. In some trusts, the same individual can be creator, trustee, and beneficiary. Thus, he or she has complete control and benefit of the assets, even while the assets are owned by the trust. Even if the creator can't fill all the roles, the trustee and the beneficiary frequently are one and the same. If it is of primary intent to use the trust as a protector of assets; it is best if all positions are NOT filled by the same person.
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