Trust Corpus
Definition - What does Trust Corpus mean?
The term "corpus" is a Latin word that means “the body.” It is also used in civil law to represent a positive or substantial fact rather than an ambiguous one.
Trust corpus can be defined as the body of a trust. Trust corpus also refers to the process of transferring the property to a trust.
Justipedia explains Trust Corpus
Trust corpus can be explained with the following example:
Consider a trust that started with (or was funded with) $300,000. This amount of $300,000 is called the trust corpus. Trust corpus may also include assets such as cash, real estate, securities, etc.
It can also be called "principal" or "trust assets."
