A trust is to be entrusted by others to manage money on their behalf. This is the essence of trust. It refers to the act of the trustor trusting the trustee and entrusting his property rights to the trustee, who will manage or dispose of the property in his own name according to the wishes of the trustor for the benefit of the beneficiary or other specific purposes. \x0d\\x0d\Trust companies can only be established with the approval of the China Banking Regulatory Commission. There are currently 65 trust companies. The more well-known ones include New Times, Xinhua, CITIC, Zhongrong, Sichuan, China Resources, Sino-Ao, etc., which mainly engage in trust business. \x0d\\x0d\ Trust is a very stable investment, but the threshold is high, starting with 1 million, and there may not be a share; however, there are a few points to pay attention to when buying a trust: \x0d\ 1. Trusts are issued by trust companies , it is recommended to purchase through third-party financial management. Dalian locals can go to Hope Building 8F Public Wealth Consultation, but the final contract must be signed with the trust company;\x0d\ 2. The trust payment account must start with the name of the trust company ;\x0d\ 3. When choosing trust products, you should choose products from powerful trust companies. To see clearly the financing party of this product and the use of funds, it is best to check it in detail. It also depends on whether some companies have fully guaranteed the expected return on principal. The risk of guaranteeing is smaller. \x0d\ 4. Pay attention to retaining the payment receipt, which is proof that you purchased the trust\x0d\\x0d\ You can grasp the basic characteristics of the trust from the following aspects. \x0d\ ① The trust of the trustor in the trustee. This is the prerequisite for the establishment of a trust relationship. The first is trust in the integrity of the trustee, and the second is trust in the fiduciary's ability to bear the trust. \x0d\ ② The transfer of trust property and property rights is the basis for establishing a trust. \x0d\ Trust is a legal relationship centered on trust property. Without trust property, the trust relationship loses its basis for existence. Therefore, the trustor must transfer the property rights to the trustee when establishing a trust. This is the difference between the trust system and other property systems. fundamental difference. \x0d\ Property rights refer to rights based on property interests. In addition to identity rights, reputation rights, and name rights, any other rights or property rights whose value can be calculated in monetary terms, such as property rights, creditor's rights, patent rights, Trademark rights, copyrights, etc. can all be used as trust assets. \x0d\ ③ The three parties in the trust relationship and the trustee, in his own name, manage and dispose of the trust property for the benefit of the beneficiary are two important characteristics of the trust. \x0d\ The trust relationship is multi-party, including the settlor, the trustee, and the beneficiary. This is a characteristic of trust. Moreover, the trustee manages and disposes the trust property in his own name, which is another important feature of the trust. \x0d\ Trust products\x0d\ This trust relationship embodies five meanings: first, the trustor has no direct control over the trust property after entrusting the property to the trustee; second, the trustee controls the trust property entirely in his own name. The trust property must be managed and disposed of; thirdly, the trustee must manage and dispose of the trust property according to the will of the trustor; fourthly, this wish is stipulated in advance in the trust contract and is also the basis for the trustee to manage and dispose of the trust property; fifthly, the trustee must manage and dispose of the trust property. The management and disposal of trust property must be for the benefit of the beneficiary, neither for the trustee's own benefit nor for the benefit of other third parties. \x0d\ ④ Trust is a property management system in which others manage, utilize and dispose of property. \x0d\ It is the primary function and sole service purpose of a trust institution to provide a wide range of effective services to property owners, and to embody the role of managing, utilizing, disposing, and operating property in its business. It has become an important part of the modern financial industry. components. It is both related and different from the banking, insurance and securities industries. \x0d\\x0d\ The main business of trust companies is the sale of trust financial products, as well as other forms of financial management.
These are specifically stipulated in Article 16 of the Trust Law as follows:\x0d\\x0d\ (1) Capital trust;\x0d\\x0d\ (2) Chattel trust;\x0d\\x0d\ (3) Real estate trust;\x0d \\x0d\ ;\x0d\\x0d\ (7) To operate the reorganization, acquisition and project financing of enterprise assets, corporate finance, financial consulting and other businesses;\x0d\\x0d\ (8) To be entrusted with the securities underwriting business approved by the relevant departments of the State Council;\ x0d\\x0d\ (9) Handling intermediary, consulting, credit investigation and other businesses; \x0d\\x0d\ Other businesses approved by the Industry Regulatory Commission.