parent nodes: bailment | equitable conversion | fiduciary duty | Franchise Tax Board of CA v CLTV | In Re Rowlands Estate | personal property | power of appointment | settlor | spendthrift trust | Statute of Uses | Stewart v Merchants Bank of Aurora | trust | Warren v Albrecht
trust
A trustee holds both title and possession of personal property for the benefit of another.
Cf. custody, bailment, finder
8 page(s) referring to trust
settlor
bailment
spendthrift trust
Statute of Uses
power of appointment
Stewart v Merchants Bank of Aurora (creditors can reach the corpus of a settlor who both makes himself [beneficiary] and gives himself a power of appointment for the corpus)
In Re Rowlands Estate (the rule against perpetuities does not apply to trusts)