Nolo's Plain-English Law Dictionary

Legal Dictionary Home

Need Professional Help? Talk to a Lawyer
Enter Your Zip Code to Connect with a Lawyer Serving Your Area
searchbox small
Blind Trust
A trust in which a trustee manages investments for someone who has no knowledge of the trust's specific assets or the actions taken by the trustee to manage them. Blind trusts are often used by high-ranking elected or appointed officials to avoid conflicts of interest.
LA-WS5:DRU.1.4.2.130523.20011