a trust created by operation of law in certain situations where the beneficial ownership of property is unclear.
单词 | θ177585 |
释义 | society > law > transfer of property > settlement of property > [noun] > putting property into trust > type of trust (5) resulting trust1693 a trust created by operation of law in certain situations where the beneficial ownership of property is unclear. shifting use1765 a use properly created for the benefit of one person, but so as to pass from him upon a specified contingency and vest wholly or in part in another. passive trust1837 a nominal trust; a trust on which the trustees have no duty to perform. living trust1913 a trust which is created during the lifetime of the settlor. blind trust1969 a trust that administers the private business interests of a person in public office in order to prevent any possibility of conflict between… |
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