The term 'held in trust' is often used to describe a FIDUCIARY relationship, which is a legal obligation to act in the best interests of another party. A FIDUCIARY is someone who holds a position of trust and confidence and is responsible for managing the assets of another person or entity. This could include a trustee, executor, or guardian. In this context, the term 'held in trust' implies that the FIDUCIARY is responsible for managing the assets of another party in a manner that is in their best interests.