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In trust law, an express trust is a trust created "in express terms, and usually in writing, as distinguished from one inferred by the law from the conduct or dealings of the parties." [ 1 ] Property is transferred by a person (called a trustor, settlor , or grantor) to a transferee (called the trustee ), who holds the property for the benefit ...
By contrast, Lord Hoffmann characterised the trust as being an express, rather than a resulting trust. Although there may not have been words used to this effect, the solicitor's undertaking that the money should only be used for one purpose so that the money is not at the borrower's free disposal, was sufficient intent to create a trust.
Discretionary trusts and powers in English law are elements of the English law of trusts, specifically of express trusts.Express trusts are trusts expressly declared by the settlor; normally this is intended, although there are situations where the settlor's intentions create a trust accidentally.
The only ones you trust are the guys you went with.” The evidence suggests that such invisible wounds are widespread. A study by the Armed Forces Health Surveillance Center found that for all the military personnel medically evacuated from Afghanistan between 2001 and 2012, the most frequent diagnosis was not physical battle wounds but ...
Misplaced loyalty (or mistaken loyalty, misguided loyalty or misplaced trust) is loyalty placed in other persons or organisations where that loyalty is not acknowledged, is not respected, is betrayed, or is taken advantage of. It can also mean loyalty to a malignant or misguided cause.
Merrick helped put together a memorial display to former residents who didn’t make it. One man’s face sticks out among the R.I.P. photos and newspaper obituaries. In his photo, taken at the facility, he is beaming. He is holding up a Grateful Life certificate, his “Life on Life’s Terms Award.”
The creation of express trusts in English law must involve four elements for the trust to be valid: capacity, certainty, constitution and formality. Capacity refers to the settlor's ability to create a trust in the first place; generally speaking, anyone capable of holding property can create a trust. There are exceptions for statutory bodies ...
Some troops leave the battlefield injured. Others return from war with mental wounds. Yet many of the 2 million Iraq and Afghanistan veterans suffer from a condition the Defense Department refuses to acknowledge: Moral injury.