Blind Trust

Blind Trust
question

What is a blind trust?

answer

Search the Q&As on this site as similar questions have been asked before and you might find additional information. A blind trust is an arrangement (it might not even be evidenced by a traditional trust document) in which a person, say you, turns over his or her investments to a professional investment adviser who makes investment decisions withouth involving you. For example, if you were a political figure, using a blind trust to invest would permit you to avoid potential conflicts of interest in making decisions that could incidentally benefit you based on your personal investments. In a blind trust arrangement this could never happen since you would not know which assets you were invested in.

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