simple trust

simple trust
A simple conveyance of property to one upon trust for another, without further specifications or directions. In such case the law regulates the trust and the cestui que trust has the right of possession and of disposing of the property, and he may call upon the trustee to execute such conveyances of the legal estate as are necessary. (Perry on Trusts.) Cone v Dunham, 59 Conn 145, 20 A 311.

Ballentine's law dictionary. . 1998.

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