Ads
related to: what is a trust law- What Is A Living Trust?
Learn the pros and cons of living
trusts and how to put them to work.
- Create A Living Trust
Have a call with our attorneys
to help build a living trust.
- Benefits Of Living Trusts
Learn the top 5 benefits of this
popular estate planning tool.
- DIY Living Trusts
An easy way to plan for the future
that doesn't require an attorney.
- What Is A Living Trust?
benchmarkguide.com has been visited by 10K+ users in the past month
sidekickbird.com has been visited by 100K+ users in the past month
Search results
Results from the WOW.Com Content Network
Personal trust law developed in England at the time of the Crusades, during the 12th and 13th centuries. In medieval English trust law, the settlor was known as the feoffor to uses, while the trustee was known as the feoffee to uses, and the beneficiary was known as the cestui que use, or cestui que trust .
The term "grantor trust" also has a special meaning in tax law. A grantor trust is defined under the Internal Revenue Code as one in which the federal income tax consequences of the trust's investment activities are entirely the responsibility of the grantor or another individual who has unfettered power to take out all the assets. [20]
A trust is a legal vehicle that allows a third party, a trustee, to hold and direct assets in a trust fund on behalf of a beneficiary. A trust greatly expands your options when it comes to ...
For family trusts, or private unmarketed trusts, the law can usually be contracted around, subject to an irreducible core of trust obligations. The scope of compulsory terms may be subject of debate, but Millett LJ in Armitage v Nurse [ 204 ] viewed that every trustee must always act "honestly and in good faith for the benefit of the ...
The law of trusts was constructed as a part of "Equity", a body of principles that arose in the Courts of Chancery, which sought to correct the strictness of the common law. The trust was an addition to the law of property, in the situation where one person held legal title to property but the courts decided it was fair just or "equitable" that ...
The Uniform Trust Code is a model law in the United States created by the Uniform Law Commission, which, although not binding, is influential in the states and used ...
Ads
related to: what is a trust lawbenchmarkguide.com has been visited by 10K+ users in the past month
sidekickbird.com has been visited by 100K+ users in the past month