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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 ...
Smith's Bible Dictionary, originally named A Dictionary of the Bible, is a 19th-century Bible dictionary containing upwards of four thousand entries that became named after its editor, William Smith. Its popularity was such that condensed dictionaries appropriated the title, "Smith's Bible Dictionary".
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.
The Household Bible Dictionary [42] James Aitken Wylie: 1870 Beeton's Bible Dictionary [43] Samuel Orchart Beeton: 1871 A Bible dictionary for the use of all readers and students of the Holy Scriptures of the Old and New Testaments of the books of the Apocrypha [44] Charles Boutell: Reissued as Haydn's Bible Dictionary (1879), named for Joseph ...
The full title was A Dictionary of the Bible, dealing with the Language, Literature and Contents, including the Biblical Theology. It was edited by James Hastings, with the assistance of John A. Selbie. Additional assistance with revision of the proofs was provided by A. B. Davidson, S. R. Driver and H. B. Swete. Four volumes (1898—1902 ...
Quistclose-type trusts are a species of resulting trust which arise where property (usually money) is transferred on terms which do not leave it at the free disposal of the transferee. That restriction upon its use is usually created by an arrangement that the money should be used exclusively for a stated purpose or purposes.
FBO is an abbreviation for the common term “for the benefit of” and it is often used in estate planning. In a trust, the term conveys ownership and value to the trustee. The FBO legal language ...
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.