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We think of trust as precious, and yet it's the basis for almost everything we do as civilized people. Trust is the reason we're willing to exchange our hard-earned paychecks for goods and services, pledge our lives to another person in marriage, cast a ballot for someone who will represent our interests.
A simple example would be the situation in which one member of a family advances money to another and asks the second member to hold the money or to invest it for him. A more complicated example of an implied trust would be the situation in which one party provides money to another for the purchase of property.
Usually you'll consider the grantor/trustor and/or the beneficiary(ies) when picking a name. This leads to the vast majority of trusts being named after the family - Thompson Family Trust for example. Add first names for some variety/specificity - Tye and Tina Thompson Family Trust for example.
Name of Trust means and refers to the Trustees from time to time serving under the Trust's Agreement and Declaration of Trust as the same may subsequently thereto have been, or subsequently hereto be, amended.
The Trust family name was found in the USA, the UK, and Scotland between 1840 and 1920. The most Trust families were found in USA in 1880. In 1840 there were 4 Trust families living in Maryland. This was about 36% of all the recorded Trust's in USA.