Business that works solely in fiduciary relationships with organisations and individuals and acts as guardian, executor, trustee in the administration of all custodial arrangements, trust funds and estates.

the term given to a trust whose operation is dependent on an event in the future.

1. Alternate term for trust agreement . 2. Alternate term for deed of trust .

Department of a commercial bank that acts as a trust company .

a clear and definite trust that differs from an implied or a constructive trust .

a trust that isn’t complete but is outlined in its general purpose and intent.

a trust that will name a trustee but doe not need him to perform any active duties.

a trust that will benefit an educational institution or whose money or property will go towards establishing one.

The appointed overseer of the trust acting on behalf of the trust.

This applies to a trust that states what its assets will be used for.

a trust that needs action by the originator for it to become fully effective and meaningful.

a trust where the trustee is governed by provisions in the will that created the trust and gives the income to the beneficiaries.

Type of trust that directs sale of trust property that is in then held in the trust for the beneficiaries.

This term applies to the property and money that is held in a trust and the property and money that is administered by the trustees.

This term describes the principle that a corporation must pay all of its debts before it can distribute assets to stockholders .

Plan where the trustee gets contributions then issues retirements to plan members.

a trust that comes into being resulting from the intention to create a trust as a matter of law .

Indenture bond including provision for appointing trustees acting on bond holders behalf.

a living trust set up during a person’s life who is settling money on another person.

This term is applied to a trust that arises from the result of a law that will enforce it being created.

This term describes the legacy to a trustee that is to held for certain beneficiaries.

a trust where the only action of the trustee is to hand over money and property to the beneficiaries.

a trust where a trustee does not have any role to play.

Authority given by the owner to another person that indicates that the property is to pass onto a chosen person.

See precatory trust .