What Is A Tribal Trust?
What Is a Trustee?
Community Members
Set-Up and Administration

 

WHAT IS A TRIBAL TRUST?

As a tribal government, you have benefits you want to give to community members.  Historically, trusts have been used to hold those benefits and give them under proper conditions.

What is a trust?  It is a legal entity created by the tribal government, or individual tribal members, that holds money for the benefit of someone in the future.  Normally, the creator will no longer be in control of how the money is given, and the trustee of the trust will be in control.  However, the trustee is bound by special laws requiring it to follow detailed instructions from the creator of the trust.

Traditionally, trusts are used by families to give money to children and grandchildren for special purposes, such as education or housing, or to give money over time rather than all at once.  A government may follow the same pattern with respect to benefits for its community members.

What Is A Trustee and Who May Act as Trustee?
What is the Role of Community Members with Tribal Trusts?
How Are Tribal Trusts Set Up and Administered?

Tight-weave Woven Rug, 23 x 33, traditional design

--client donation, Providence First Trust Company Private Collection