525920 Trusts, Estates, and Agency Accounts

Overview

This industry comprises legal entities, trusts, estates, or agency accounts, administered on behalf of the beneficiaries under the terms of a trust agreement, will, or agency agreement.

Illustrative Examples:
Bankruptcy estates
Private estates (i.e., administering on behalf of beneficiaries)
Personal investment trusts
Testamentary trusts

Cross-References

  • Managing portfolios of trusts--are classified in Industry 523940, Portfolio Management and Investment Advice;
  • Administering personal estates--are classified in U.S. Industry 523991, Trust, Fiduciary, and Custody Activities; and
  • Operating businesses of trusts and bankruptcy estates--are classified according to the kind of business operated.

Index Entries

Bankruptcy estates
Personal estates (i.e., managing assets)
Personal investment trusts
Personal trusts
Private estates (i.e., administering on behalf of beneficiaries)
Settlement trust funds
Testamentary trusts
Trusts, estates, and agency accounts