estate of cestui que trust
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Cestui que — Wills, trusts and estates … Wikipedia
cestui que vie — /setiy ka viy/ The person whose life measures the duration of a trust, gift, estate, or insurance contract. Person on whose life insurance is written. The person for whose life any lands, tenements, or hereditaments are held … Black's law dictionary
cestui que vie — /setiy ka viy/ The person whose life measures the duration of a trust, gift, estate, or insurance contract. Person on whose life insurance is written. The person for whose life any lands, tenements, or hereditaments are held … Black's law dictionary
trust — n 1 a: a fiduciary relationship in which one party holds legal title to another s property for the benefit of a party who holds equitable title to the property b: an entity resulting from the establishment of such a relationship see also… … Law dictionary
Trust — Trust, n. [OE. trust, trost, Icel. traust confidence, security; akin to Dan. & Sw. tr[ o]st comfort, consolation, G. trost, Goth. trausti a convention, covenant, and E. true. See {True}, and cf. {Tryst}.] 1. Assured resting of the mind on the… … The Collaborative International Dictionary of English
Trust deed — Trust Trust, n. [OE. trust, trost, Icel. traust confidence, security; akin to Dan. & Sw. tr[ o]st comfort, consolation, G. trost, Goth. trausti a convention, covenant, and E. true. See {True}, and cf. {Tryst}.] 1. Assured resting of the mind on… … The Collaborative International Dictionary of English
trust — A legal entity created by a grantor for the benefit of designated beneficiaries under the laws of the state and the valid trust instrument. The trustee holds a fiduciary responsibility to manage the trust s corpus assets and income for the… … Black's law dictionary
Trust law — In common law legal systems, a trust is an arrangement whereby property (including real, tangible and intangible) is managed by one person (or persons, or organizations) for the benefit of another. A trust is created by a settlor, who entrusts… … Wikipedia
trust estate — The res of a trust. The fund or property held by the trustee for the benefit of the cestui que trust. The expression seems to be used with some confusion in the books. Sometimes it is employed to express the estate of the trustee, and sometimes… … Ballentine's law dictionary
passive trust — Trust Trust, n. [OE. trust, trost, Icel. traust confidence, security; akin to Dan. & Sw. tr[ o]st comfort, consolation, G. trost, Goth. trausti a convention, covenant, and E. true. See {True}, and cf. {Tryst}.] 1. Assured resting of the mind on… … The Collaborative International Dictionary of English
