voluntary trust

voluntary trust
An obligation arising out of a personal confidence reposed in, and voluntarily accepted by, one for the benefit of another. Bath Sav. Institution v Hathorn, 88 Me 122, 33 A 836.

Ballentine's law dictionary. . 1998.

Игры ⚽ Нужно решить контрольную?

Look at other dictionaries:

  • Voluntary Trust — A type of living trust that is created during the lifetime of the trustor, and is also known as an inter vivos trust. In a voluntary trust, the trustor retains legal title of the gift transferred to the beneficiary, even though the beneficiary… …   Investment dictionary

  • voluntary — vol·un·tary / vä lən ˌter ē/ adj 1 a: proceeding from one s own free choice or consent rather than as the result of duress, coercion, or deception a voluntary statement b: not compelled by law: done as a matter of choice or agreement voluntary… …   Law dictionary

  • 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

  • voluntary — Unconstrained by interference; unimpelled by another s influence; spontaneous; acting of oneself. Coker v. State, 199 Ga. 20, 33 S.E.2d 171, 174. Done by design or intention. Proceeding from the free and unrestrained will of the person. Produced… …   Black's law dictionary

  • Trust law in England and Wales — is the original and foundational law of trusts in the world, and a unique contribution of English law to the legal system. Trusts are part of the law of property, and arise where one person (a settlor ) gives assets (e.g. some land) to another… …   Wikipedia

  • Trust (social sciences) — Trust is a relationship of reliance. A trusted party is presumed to seek to fulfill policies, ethical codes, law and their previous promises.Trust does not need to involve belief in the good character, vices, or morals of the other party. Persons …   Wikipedia

  • Voluntary Marine Conservation Area — s (VMCA) are areas of coastline which are of particular wildlife and scientific value that enjoy a level of voluntary protection.VMCAs are run by a range of organisations and steering groups and are often supported by community or volunteer… …   Wikipedia

  • 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

  • Voluntary aided school — A voluntary aided school is a school in England where the governing body, as opposed to the Local Education Authority, employs the staff, and decides the admission arrangements, but the school is funded by the state and cannot charge fees. The… …   Wikipedia

  • Voluntary Active Euthanasia — this page is on a specific paper, for the category of Euthanasia, see Euthanasia Voluntary Active Euthanasia is the name of a paper by Dan W. Brock in which it the morality and legality of Euthanasia is studied. Brock comes to the conclusion that …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”