Restatement of the Law, Trusts: Tentative draft, Issue 1Executive Office, American Law Institute, 1996 - Trusts and trustees |
From inside the book
Results 1-3 of 87
Page 29
... trust property . A trust cannot be created unless there is trust property in existence and ascertainable at the time of the creation of the trust . That property , however , may consist of such diverse rights as an undivided interest ...
... trust property . A trust cannot be created unless there is trust property in existence and ascertainable at the time of the creation of the trust . That property , however , may consist of such diverse rights as an undivided interest ...
Page 42
... trust . See ยง 10 , Comment g , and Reporter's Note thereto . b . The trust property . The term " trust property " denotes things or the interests in things that are held in trust . By contrast , when the distinction is important , the ...
... trust . See ยง 10 , Comment g , and Reporter's Note thereto . b . The trust property . The term " trust property " denotes things or the interests in things that are held in trust . By contrast , when the distinction is important , the ...
Page 534
... trust property pursuant to any instrument signed by the trustees , without having to inquire as to whether the terms of the trust have been complied with ; and ( 5 ) the beneficiaries may terminate the trust at any time , thereby ...
... trust property pursuant to any instrument signed by the trustees , without having to inquire as to whether the terms of the trust have been complied with ; and ( 5 ) the beneficiaries may terminate the trust at any time , thereby ...
Contents
CHAPTER | 3 |
Definition of Trust | 20 |
Terms of the Trust | 45 |
Copyright | |
26 other sections not shown
Other editions - View all
Common terms and phrases
agreement amendment applicable authority beneficial interest benefit Blackacre Bogert & George charitable circumstances constructive trust contract court create a trust death declaration of trust deed delivery devisee or legatee doctrine donor durable power duties effect enforceable evidence executed express trust fiduciary Fratcher free of trust funds gift hold the property Illustration income incompetent incorporation by reference independent significance inference intended trust intention to create inter vivos trust Law of Trusts manifests an intention mistake ordinarily parol evidence rule parties payor pour-over power of appointment presumption Private Letter Ruling Property Donative Transfers property owner purchase price purposes relationship remainder requirements resulting trust arises revocable trust rule Scott on Trusts settlor situations Statute of Frauds successors in interest supra testamentary trust testator's transferor trust estate trust instrument trust intention trust is created trust law trust property undue influence unjust enrichment valid