simple trust

simple trust
simple trust see trust

Merriam-Webster’s Dictionary of Law. . 1996.

simple trust
Category: Wills, Trusts & Estates → Living Trusts & Avoiding Probate

Nolo’s Plain-English Law Dictionary. . 2009.

simple trust
n.
   a trust which requires that all income be distributed each year and not accumulated.
   See also: trust

Law dictionary. . 2013.

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Look at other dictionaries:

  • 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… …   Ballentine's law dictionary

  • trust — n 1 a: a fiduciary relationship in which one party holds legal title to another s property for the benefit of a party who holds equitable title to the property b: an entity resulting from the establishment of such a relationship see also… …   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

  • Trust (Recht) — Ein Trust ist im juristischen Sinn eine von einer Person unter Lebenden[1] oder für den Todesfall[2] geschaffenen Rechtsbeziehung,[3] wenn Vermögen zugunsten eines Begünstigten oder für einen bestimmten Zweck abgesondert und der gebundenen… …   Deutsch 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

  • simple — Pure; unmixed; not compounded; not aggravated; not evidenced by sealed writing or record. As to simple assault simple average simple battery simple blockade simple bond simple confession simple contract simple deposit …   Black's law dictionary

  • TRUST — Le trust est la forme primitive de concentration monopoliste des entreprises aux États Unis. Son nom vient d’une technique juridique anglaise, utilisée à l’origine pour faciliter cette concentration. La technique a été rapidement abandonnée; le… …   Encyclopédie Universelle

  • Simple — Sim ple, a. [Compar. {Simpler}; superl. {Simplest}.] [F., fr. L. simplus, or simplex, gen. simplicis. The first part of the Latin words is probably akin to E. same, and the sense, one, one and the same; cf. L. semel once, singuli one to each,… …   The Collaborative International Dictionary of English

  • Simple contract — Simple Sim ple, a. [Compar. {Simpler}; superl. {Simplest}.] [F., fr. L. simplus, or simplex, gen. simplicis. The first part of the Latin words is probably akin to E. same, and the sense, one, one and the same; cf. L. semel once, singuli one to… …   The Collaborative International Dictionary of English

  • Simple equation — Simple Sim ple, a. [Compar. {Simpler}; superl. {Simplest}.] [F., fr. L. simplus, or simplex, gen. simplicis. The first part of the Latin words is probably akin to E. same, and the sense, one, one and the same; cf. L. semel once, singuli one to… …   The Collaborative International Dictionary of English

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