- charitable trust
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charitable trust see trust
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
- charitable trust
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n.A trust whose property must be used for charitable purposes.
The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.
- charitable trust
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A trust designed to make a substantial gift to a charity and also achieve income and estate tax savings for the person who creates the trust (the grantor). These trusts are usually set up during the grantor's lifetime and are irrevocable. (See also: charitable lead trust, charitable remainder trust)Category: Wills, Trusts & Estates → Estate TaxCategory: Wills, Trusts & Estates → Living Trusts & Avoiding Probate
Nolo’s Plain-English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009.
- charitable trust
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A trust where the trustees may only use income or capital to benefit charities or charitable purposes. A charity established in England and Wales must generally be registered with the Charity Commission.For further information, see the Charity Commission website.Related links
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
- charitable trust
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The arrangement by which real or personal property given by one person is held by another to be used for the benefit of a class of persons or the general public.
Dictionary from West's Encyclopedia of American Law. 2005.
- charitable trust
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The arrangement by which real or personal property given by one person is held by another to be used for the benefit of a class of persons or the general public.
Short Dictionary of (mostly American) Legal Terms and Abbreviations.