implied trust

implied trust
A trust which comes into existence through the application of intention to create a trust as a matter of law. A term also used for what is really a constructive trust, a trust by operation of law irrespective of and even contrary to the intention of him who is charged as trustee. 54 Am J1st Trusts § 5. See constructive trust.

Ballentine's law dictionary. . 1998.

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