Klein Trust

Klein Trust hypothetically refers to a trust established by or named after an individual or entity named Klein, serving as a legal arrangement where assets are held and managed by a trustee for the benefit of designated beneficiaries. Its purpose can include estate planning, asset protection, or charitable giving. The trust's terms specify how assets are to be managed and distributed over time. Essentially, it is a strategic tool to manage and protect assets, ensuring they benefit the intended parties according to the trustor’s instructions.