Trust - Law Dictionary Search Results

Public trustee

Public trustee. The office of Public Trustee was established by the (English) Public Trustee Act, 1906, which came into force

the person or entity named or otherwise entitled to receive the principal or income or both from a trust compare settlor, trustee contingent beneficiary : a beneficiary that may receive proceeds from a trust depending on the

trustee

trustee 1 : one to whom something is entrusted : one trusted to keep or administer something: as a

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Implied trusts

Implied trusts. an implied trust is one which arises from an equitable construction put upon the facts, conduct, or situation

Undivided shares in land

by the same s. 1 (3) and ss. 34 (4), 205, and 1st Sch., Part IV., and cf. TRUST FOR SALE, such shares are to take effect as equitable interests only in the net proceeds of sale

Appointment of new trustees

Appointment of new trustees, See TRUSTEES. It was formerly necessary to inset a full power in instruments creating a trust providing a

Limitation of actions and prosecutions

the Act of 1874] As a rule a title by possession for the statutory period of land against trustees will be good against all persons claiming as cestui que trustent under their trust (see Williams v. Papworth,

pour-over

pour-over : providing for or creating the transfer of property in a decedent's estate or a trust to a pour-over trust [a provision] [a bequest] see also pour-over trust at trust pour-over will at will

Vesting instrument

This evidence is essential for the settlement of a legal estate in land otherwise than by way of trust for sale (Settled Land Act, 1925, s. 4). The trusts are (after 1925) to be declared by a

pour-over

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Trust - Law Dictionary Search Results

Brief any judgment in 18 sections.