Student Edition of Restatement of the Law of Trusts, Issue 1American law institute publishers, 1935 - Trusts and trustees |
Other editions - View all
Common terms and phrases
alienation appointment beneficial interest beneficiary benefit C's death capacity to take chose in action constructive trust contract convey Blackacre conveyance court create a trust creation declaration of trust declares himself trustee devisee or legatee devises Blackacre disclaimer duty effect enforceable entitled equitable charge equitable interest erty executed fee simple ficiary free of trust heirs held in trust hold the property holds Blackacre Illustration intended trust intention to create interest in land legal interests liable manifests an intention memorandum ment oral trust owner of Blackacre owner of property parol evidence rule pay the income prop property in trust property transfers provision purpose Restatement of Contracts restraint on alienation resulting trust rule against perpetuities settlor spendthrift trust Statute of Frauds terest testamentary testator third person tion trans transfer the property transferor transfers Blackacre trus trust arises trust is created trust property trust to pay unless