Protective trust — The Protective Trust is a form of settlement found in England and Wales and several Commonwealth countries. It has marked similarities to asset protection trusts found in several offshore jurisdictions and US Spendthrift trusts.In such a trust… … Wikipedia
protective trust — /prətɛktɪv ˈtrʌst/ (say pruhtektiv trust) noun a trust for life or any less period of the beneficiary, which is to be determined in certain events such as bankruptcy of the beneficiary, whereupon the trust income is to be applied for the… …
protective trust — Similar to a spendthrift trust, the indenture of trust protecting against alienation and liability for debts of the beneficiary by providing conditions for the termination or forfeiture of the trust estate, by giving the trustee discretion to be… … Ballentine's law dictionary
protective trust — A species of spendthrift trust (q.v.) containing a provision for forfeiture to protect against creditors and voluntary alienation … Black's law dictionary
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
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 instrument — A trust instrument (also sometimes called a deed of trust, where executed by way of deed) is an instrument in writing executed by a settlor used to constitute a trust. Trust instruments are generally only used in relation to an inter vivos trust; … Wikipedia
Trust Indenture Act of 1939 — The United States Trust Indenture Act of 1939 (TIA), codified at usc|15|77aaa through usc|15|77bbbb, supplements the Securities Act of 1933 in the case of the distribution of debt securities. Generally speaking, the TIA requires the appointment… … Wikipedia
Trust Indenture Act — Federal Act (1939) designed to protect investors in certain types of bonds by requiring that the trust indenture be approved by the SEC and include certain protective clauses and exclude certain exculpatory clauses, and that trustees be… … Black's law dictionary
Express trust — Where property is passed to a person but no gift is made, it is held for the owner, this is the Resulting trust; where property should for some reason of public policy or fairness or rule of Equity be held for someone other than the legal owner,… … Wikipedia
