involuntary trust

involuntary trust
involuntary trust see trust

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

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  • involuntary trust — A trust founded on a contract supported by a consideration; a trust arising by operation of law. 54 Am J1st Trusts § 5. Another term for constructive trust. Newman v Newman, 60 W Va 371, 55 SE 377. See constructive trust …   Ballentine's law dictionary

  • involuntary trust — noun a trust created by a court (regardless of the intent of the parties) to benefit a party that has been wrongfully deprived of its rights • Syn: ↑constructive trust • Hypernyms: ↑implied trust * * * noun : constructive trust …   Useful english 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

  • involuntary — in·vol·un·tary /in vä lən ˌter ē/ adj: done, made, or initiated contrary to or without one s choice an involuntary confession an involuntary lien an involuntary plaintiff joined in the action in·vol·un·tar·i·ly adv Merriam Webster’s Dictionary of …   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

  • involuntary — Without will or power of choice; opposed to volition or desire. An involuntary act is that which is performed with constraint (q.v.) or with repugnance, or without the will to do it. An action is involuntary, then, which is performed under duress …   Black's law dictionary

  • involuntary — Without will or power of choice; opposed to volition or desire. An involuntary act is that which is performed with constraint (q.v.) or with repugnance, or without the will to do it. An action is involuntary, then, which is performed under duress …   Black's law dictionary

  • Involuntary celibacy — (or incel) is the state of a person who has not established an intimate relationship or engaged in sexual intercourse for reasons other than voluntary celibacy or sexual abstinence. The term is used especially for adults who, despite general… …   Wikipedia

  • involuntary losses — Losses of capital not intentionally or voluntarily incurred. New England Trust Co. v Paine, 317 Mass 542, 59 NE2d 263, 148 ALR 262 …   Ballentine's law dictionary

  • Voluntary Trust — A type of living trust that is created during the lifetime of the trustor, and is also known as an inter vivos trust. In a voluntary trust, the trustor retains legal title of the gift transferred to the beneficiary, even though the beneficiary… …   Investment dictionary

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