Law Dictionary

To search for a particular term please use the following search box.

simple trust

A simple trust corresponds with the ancient use, and is where property is simply vested in one person for the use of another, and the nature of the trust, not being qualified by the settler, is left to the construction of law. It differs from a special trust. (q. v.) 2 Bouv. Inst. n. 1896.

Source : Bouvier 1856

Language : English

Return

Return to Law Dictionary Index