Express trust means a trust created by the express declaration of a settlor or a trustee made orally, by instrument in writing or by will;

Express trust means a fiduciary relationship with respect to property which arises as a manifestation by the settlor of an intention to create the relationship and which subjects the person holding title to the property to equitable duties to deal with the property for the benefit of another person.

Express trust means a trust as described in Code Section 53-12-20.

Examples of Express trust in a sentence

Express trust are usually created in the form of a document e.g. a written deed or written instrument of trust and usually fulfil a business or personal need.
Express trust wording may not always be used, particularly if the person forwarding the property is not a lawyer.
In Express trust, the general intention to create a trust must be clear.
Express trust is established by the intention of the parties or of the trustor.
Express trust Constitution (legal vesting of property in trustee): Transfer of property from settlor to trustee(s): Rule (Milroy; Re Rose): Must have done everything in power to effect transfer.

More Definitions of Express trust

Express trust means a trust created by the settler, either orally or in a written agreement or deed of trust, by which property is passed from the owner to another person.

Express trust means a trust as described in Code Section 53-12-10.

Express trust means a trust created by a settlor usually by form of a document such as a trust deed or written deed of trust;

Express trust means a trust intentionally created by the settlor, inter vivos or on death, usually in a form of written document to place assets under the control of a trustee for the benefit of a beneficiary or for a specified purpose, usually to fulfil a business or personal need.

Express trust means a trust other than a trust which arises by construction on implication of law such as a constructive or implied trust;

Express trust means funds that have been paid by an owner, for or in connection

Express trust means funds that have been paid by an owner, for or in connection with materials used in an