permanent trust

USAGE SUMMARY

The phrase "permanent trust" is correct and usable in written English.
It can be used in contexts where you are referring to a trust that is intended to last indefinitely or for a long duration, often in legal or financial discussions. Example: "The estate was placed in a permanent trust to ensure that the beneficiaries would receive support for generations to come."

✓ Grammatically correct

News & Media

Academia

Wiki

Human-verified examples from authoritative sources

Exact Expressions

3 human-written examples

Roughly 1.5% of all severance taxes goes into a permanent trust fund.

The Economist

It also urges Congress to establish a permanent trust fund for public broadcasting and to set aside some undetermined amount of future channel space for noncommercial educational programs and services, like distance learning or Internet access for schools and libraries.

The New York Times

In December , 1924 James B., who was by far the wealthiest member of the family, established The Duke Endowment as a permanent trust fund with designated beneficiaries.

Duke University

Human-verified similar examples from authoritative sources

Similar Expressions

57 human-written examples

In an interview last year, when Evernote had grown to 2 million users, Mr. Libin describe the goal of the company to allow people to build a "permanent trusted memory for the rest of your life".

The New York Times

"I trust that the result may either obtain for me the permanent confidence of my government or that it may close my career".

The New York Times

By the time of his death in 1937, Rockefeller's remaining fortune, largely tied up in permanent family trusts, was estimated at $1.4 billion, while the total national GDP was $92 billion.

Wikipedia

In Mr. Reed's view, a permanent affordable-housing trust fund is one way to do more.

The New York Times

He recommends that the United Nations establish a "permanent worldwide brain trust" consisting of "people having no government duties and who are free of any ideological or other preconceptions or prejudices".

The New York Times - Books

The bill creates a permanent affordable housing trust fund that will initially help pay for the mortgage refinancing plan and eventually sponsor the creation of rental housing for Americans too poor to buy homes.

The New York Times

The story takes the viewer to Istanbul, Budapest and the British countryside - but above all, it explores the twisted, serpentine nature of the spy's existence, one infected by a permanent lack of trust in anyone other than one's self.

Huffington Post

Another figure close to May who has got a reward in the honours list is Mark Sedwill, who was her trusted permanent secretary at the Home Office and became her national security adviser this year.

The Guardian

Expert writing Tips

Best practice

When using "permanent trust", clearly define the terms of the trust and its intended beneficiaries to avoid future disputes. Consider consulting with legal and financial professionals to ensure its proper establishment and management.

Common error

Avoid using "permanent trust" to describe arrangements that are easily revocable or subject to frequent modification. A "permanent trust" implies a high degree of stability and long-term commitment, so ensure that the legal and financial structure aligns with this intention.

Linguistic Context

The phrase "permanent trust" functions as a noun phrase, typically acting as the subject or object in a sentence. Ludwig shows that it refers to a fund or legal entity established to manage assets indefinitely or for a very long term, ensuring their preservation and distribution according to specific instructions. The phrase emphasizes the lasting and enduring nature of the trust.

Expression frequency: Rare

Frequent in

News & Media

50%

Academia

25%

Wiki

25%

Less common in

Science

0%

Encyclopedias

0%

Formal & Business

0%

Ludwig's WRAP-UP

The phrase "permanent trust" is a noun phrase used to describe a lasting and secure arrangement for managing assets. Ludwig AI indicates that this phrase is grammatically correct and appears in various contexts, including news, academia, and general knowledge. While its frequency is relatively rare, understanding its implications is crucial for long-term financial and legal planning. When using this phrase, ensure clarity in defining the terms and beneficiaries of the trust. Alternative phrases like "lasting trust" or "enduring confidence" can be considered for variety.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

lasting trust

Emphasizes the enduring nature of the trust, focusing on its ability to withstand time.

enduring confidence

Highlights the sustained belief and assurance placed in someone or something.

established trust

Indicates a trust that has been built up and confirmed over time.

inviolable trust

Stresses the sanctity and unbreakable nature of the trust.

unshakeable confidence

Focuses on the strength and unwavering nature of the confidence.

abiding trust

Highlights the continuous and steadfast nature of the trust.

perpetual trust

Emphasizes the trust's indefinite or eternal duration.

long-term confidence

Highlights the lasting aspect of the confidence.

steadfast trust

Focuses on the reliable and unwavering quality of the trust.

unwavering belief

Emphasizes the steadfast and resolute nature of the belief.

FAQs

How is a "permanent trust" different from other types of trusts?

A "permanent trust" is designed to exist indefinitely, or for a very long period, whereas other trusts may have a specific termination date or condition. This makes a "permanent trust" suitable for long-term wealth preservation and generational planning.

What are the benefits of establishing a "permanent trust"?

The benefits include long-term asset protection, potential tax advantages, and the ability to provide for beneficiaries across multiple generations. It ensures assets are managed according to your wishes far into the future.

Who should consider setting up a "permanent trust"?

Individuals with substantial assets who wish to ensure their long-term preservation and distribution according to specific instructions, as well as those looking to minimize estate taxes and provide for future generations, should consider a "permanent trust".

What factors should I consider when creating a "permanent trust"?

Consider the long-term needs of your beneficiaries, the choice of trustee, the specific assets to be included, and the potential tax implications. Consult legal and financial professionals to tailor the "permanent trust" to your unique circumstances.