Blind Trust Example Sentence

For example a politician actively opposing the national rifle association might not want it known that he owns considerable stock in a company that produces firearms.

Blind trust example sentence.

One of the congressman s largest assets remains a blind trust that he created in 2010 that is worth 25 million to 50 million. He can sell the stock but this might not be financially advantageous so he might place it in a blind trust for his heirs instead. Krauss never takes anything on blind trust. Let s start with the basics.

A blind trust is a living trust where a trustee controls the assets without the grantor and beneficiary. Blind trusts can be revocable or irrevocable. This would allow wealthy ministers who receive income from blind trust funds to escape having their financial affairs scrutinised. 2020 paxton placed his financial holdings into a blind trust that same year.

That pesky blind trust. It is used by politicians for example so that their private business does not influence their political decisions. You could give as much as you wanted to as many politicians as you liked but the money would go through a blind trust administered by the government. Examples of blind trust in a sentenceblind trust.

See blind trust in the oxford advanced american dictionary. Examples of blind trust in a sentence recent examples on the web the sales requirement would apply to any incoming cio potentially mandating that the proceeds go into a blind trust. ˌblaɪnd ˈtrʌst a type of trust that takes care of somebody s investments without the person knowing how their money is being invested. These examples are from the cambridge english corpus and from sources on the web.

A blind trust can eliminate any conflicts of. It means blind t. These examples have been automatically selected and may contain sensitive content. This example is from wikipedia and may be reused under a cc by sa license.

His shares were placed in a blind trust when he became a government minister. This example is from wikipedia and may be reused under a cc by sa license. They followed the instructions in blind trust that all would turn out well.