Trust
Related Category: Legal Terms and Concepts
in law, arrangement whereby property legally owned by one person is administered for the benefit of another.
Trustee - The person or institution that manages the property put in trust.
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Trust Agreement Or Declaration: The legal document that sets up a living trust. Testamentary trusts are set up in a will.
Trustee definition:
A person who holds property rights for the benefit of another.
Related Terms: Executor, Trust, Beneficiary, Donor, Personal Representative
In Smith v Andrews, Master Jessels used these words: ...
Trustor at Legal Glossary What is it? See grantor.
Law Definition Added By: Victoria
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Trustee in Bankruptcy
When a person is declared bankrupt a trustee in bankruptcy is given control of all of the bankrupt's assets. The trustee must collect all of these assets and sell them.
What is a unitrust?
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Trust
It is a contract or an entity created , by giving the responsibility and legal title of property or any asset to trustees who would manage these.
A trust that allows couples to reduce or avoid overall. Each spouse puts property in the AB trust.
Trustee: A person named to manage property for the benefit of the beneficiary.
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z ...
AB Trust: A trust designed to assure that the personal estate tax exemption of each spouse is used correctly. The surviving spouse should have access to the assets of the deceased spouse during the remainder of the surviving spouse's lifetime.
Voting Trust: A trust which solicits vote proxies of shareholders of a corporation to elect a board of directors and vote on other matters at a shareholders' meeting.
Living Trust: A trust set up and in effect during the lifetime of the grantor. Also called inter vivos trust.
Loss of consortuium: Damages awarded to a family member (usually a spouse) for loss of companionship.
CO-TRUSTEE - A person or entity who serves jointly with another person or entity in carrying out the terms of a trust.
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TrustLegal rights that apply where one person holds and deals with property on behalf of or for the benefit of another person.
TRUST
Property given by a person called the donor or settlor, to a trustee, for the benefit of another person (the beneficiary or donee).
Trustee:
The person who holds property rights for the benefit of another through the legal mechanism of the trust.
Bankruptcy: The person under the Bankruptcy and Insolvency Act who administers bankruptcy and proposal estates.
Trust - A legal device used to manage real or personal property, established by one person (grantor or settlor) for the benefit of another (beneficiary). (See trustee.) ...
Trust
This is an arrangement under which property is held by named people for someone else. Property given by a person called the donor or settlor, to a trustee, for the benefit of another person (the beneficiary or donee).
Trustee - The person or institution that manages the property put in trust.
Truth in lending - Statutes which provide that precise and meaningful cost of credit information be provided to the credit customer.
Lots of free legal forms ...
TRUST
Typically used to refer to a territorial category for land that is not subject to the sovereignty of any state because of some special status.
TRUSTEE The person who holds the responsibility to manage the trust's assets and income for the benefit of the beneficiaries.
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UNTENANTABLE The condition of leased premises that are not fit or occupation or rental.
Trustee
A duly authorized agent or fiduciary who holds title to property for the benefit of another person; the administrator of a trust.
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TRUST: Property given to a trustee to manage for the benefit of a third person. Generally the beneficiary gets interest and dividends on the trust assets for a set number of years.
trust - A transaction in which the owner of real property or personal property (the trustor or settlor) gives ownership to a trustee, to hold and to manage it for the benefit of a third party, called the "beneficiary."
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TRUST, contracts, devises. An equitable right, title or interest in property, real or personal, distinct from its legal ownership; or it is a personal obligation for paying, delivering or performing anything, where the person trusting has no real.
Antitrust acts - Federal and state statutes to protect trade and commerce from unlawful restraints, price discriminations, price fixing, and monopolies.
Appeal - A proceeding brought to a higher court to review a lower court decision.
Antitrust & Trade Regulation
the area of law that protects trade and commerce from unlawful restraints and monopolies or unfair business practices.
Land Trust: A nonprofit organization engaged in the voluntary protection of land for the purpose of providing long-term stewardship of important resources, whether historical, archeological, or environmental, ...
Anti-trust - (USA)"Anti-trust" legislation is designed to prevent businesses from price-setting or other secret collaboration which circumvents the natural forces of a free market economy and gives those engaging in the anti-trust conduct, ...
Term: Trustee
Definition: A duly authorized agent or fiduciary who holds title to property for the benefit of another person; the administrator of a trust.
Express trust
A trust which is clearly created by the settlor, usually in the form of a document (eg. a will), although they can be oral.
Trust receipt
Definition - Noun
: a trust agreement between a lender and a borrower by which the lender gives up possession of goods without abandoning title and the borrower agrees to hold the goods in trust for the lender and if the goods are sold ...
trust
n. an entity created to hold assets for the benefit of certain pe...
trust deed
n. another name for a deed of trust, a form of mortgage used in s...
A trust that allows couples to reduce or avoid estate taxes. Each spouse puts his or her property in an AB trust.
Bypass Trusts
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Wills and trusts · Evidence
Portals: Law · Criminal justice
Criminal law (also known as penal law) is the body of statutory and common law that deals with crime and the legal punishment of criminal offenses.
Resulting trust
A trust that is presumed by the court from certain situations.
Revocable trust A trust that the grantor may change or revoke.
Revoke To cancel or nullify a legal document.
Right of way The right of a party to pass over the land of another.
Cestui que trust
One having an equitable interest in property, legal title being vested in trustee.
Chain of Title
The chronological order of conveyancing of a parcel of land, from the original owner to the present owner.
trusts, corporations, partnerships) providing injured parties with court-enforced remedies for breaches of duty (causes of action) arising from contract, negligence, intentional torts, and crimes.
"Precatory words" are often found in trusts or wills and cause great difficulties when courts try to find the real intention of the settlor or testator, For example, ...
Settlor The person who actually creates a trust by donating property to be managed and administered by a trustee but from which all profits would go to a beneficiary. The law books of some countries refer to this person as a "donor.
3 The Opening of the World Resources And Liabilities Of 22,109 State, Savings, And Private Banks And Loan & Trust Companies, J Une 30, 1920 (In thousands of dollars.) and of many of the importations of manufactures, ...
Failure of trust. Defeat of a proposed trust from want of constituting facts or elements or of law to effectuate the object. Fait. French. A fact. Compare Factum.
As to simple Assault; Average; Battery; Blockade; Bond; Confession; Contract; Deposit; Imprisonment; Interest; Larceny; Obligation; and Trust.
simple assault - An assault unaccompanied by any circumstances of aggravation.
Teach your children that if they are ever followed in a car to turn around and run in the other direction to you or a trusted adult.
Never leave their child unattended, however brief they mean to be.
fiduciary A person holding the position of a trustee, or a position analogous to that of a trustee, in respect to the trust and confidence involved in the position, and the good faith and candor that it requires.
fiduciary - A person who has assumed a special relationship to another person or another person's property, such as a trustee, administrator, executor, lawyer, or guardian.
In certain circumstances, where trust is implicit in an arrangement (e.g. between a client and a professional advisor) that obligation may be implied even where there is no written agreement.
5 Tips for Divorcing Parents
Help Your Kids Cope With Change
Rebuild Trust With Your Ex
Help for Newly Single Parents ...
**infamia - a condition of disgrace, involving significant legal disabilities, resulting from immoral or wrong conduct (conviction for a crime, condemnation in delictal actions, and actions involving breach of trust).
The most widely applied implied term is that the employer must not, without reasonable and proper cause, conduct himself in a manner likely to destroy or seriously damage the relationship of trust and confidence with the worker.
for this type of "DUI-DWI" offense is to successfully introduce the breath, blood or urine test result that meets or exceeds the applicable numerical "level" so as to convince the jury or judge that the result obtained was reliable and trustworthy, ...
 See also: Attorn, Attorney, Lawyer, State, Service
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