Legal Definition and Related Resources of Special Trust
Meaning of Special Trust
As distinct from a passive trust , a special trust requires the trustee to exert himself to accomplish the purpose of the trust, such as a devise to a trustee upon trust to sell and convert into money .
Special Trust Alternative Definition
A special trust is one where a trustee is interposed for the execution of some purpose particularly pointed out, and is not, as in the case of a simple trust, a mere passive depositary of the estate, but is required to exert himself actively in the execution of the settlor’s intention; as, where a conveyance is made to trustees upon trust to reconvey, or to sell for the payment of debts. 2 Bouv. Inst, note 1896. 115 111. 668. See “Trust.”
Related Entries of Special Trust in the Encyclopedia of Law Project
Browse or run a search for Special Trust in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.
Special Trust in Historical Law
You might be interested in the historical meaning of this term. Browse or search for Special Trust in Historical Law in the Encyclopedia of Law.
Legal Abbreviations and Acronyms
Search for legal acronyms and/or abbreviations containing Special Trust in the Legal Abbreviations and Acronyms Dictionary.
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| Resource | Description |
|---|---|
| Special Trust in the Dictionary | Special Trust in our legal dictionaries | Browse the Legal Thesaurus | Find synonyms and related words of Special Trust |
| Legal Maxims | Maxims are established principles that jurists use as interpretive tools, invoked more frequently in international law |
| Legal Answers (Q&A) | A community-driven knowledge creation process, of enduring value to a broad audience |
| Related topics | Special Trust in the World Encyclopedia of Law |
Notice
This definition of Special Trust is based on the The Cyclopedic Law Dictionary . This entry needs to be proofread.
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| https://legaldictionary.lawin.org/special-trust/ | The URI of Special Trust (more about URIs) |
English Legal System: Special Trust
In the context of the English law, A Dictionary of Law provides the following legal concept of Special Trust : (active trust, special trust)
A trust that imposes duties on the trustee other than that of merely handing over the trust property to the person entitled to it (Compare bare trust). These duties may impose a specific obligation on the trustee or confer a discretion on him.
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