A blind trust is a type of living trust in which the grantor and beneficiary have no control over or knowledge of the assets in the trust or how they're being managed. ... A blind trust can be revocable, meaning the grantor can change it later, or irrevocable, meaning it can't be modified or terminated.
Can you put a house in a blind trust?
Gather the documentation for the assets that you want put into the blind trust. This could mean certificates of stock ownership, bonds or real estate deeds. If you want to put an asset in the trust, you'll need to have documentation proving ownership.
What is blind trust in a relationship?
Blind trust puts faith in someone without regard to demonstrated reliability or trustworthiness. It's more a reluctance to experience the doubt, anxiety, and loneliness of distrust than an endorsement of the other person's better qualities.