cestui que trust
11cestui que vie — /setiy ka viy/ The person whose life measures the duration of a trust, gift, estate, or insurance contract. Person on whose life insurance is written. The person for whose life any lands, tenements, or hereditaments are held …
12trust — 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… …
13Trust — Trust, n. [OE. trust, trost, Icel. traust confidence, security; akin to Dan. & Sw. tr[ o]st comfort, consolation, G. trost, Goth. trausti a convention, covenant, and E. true. See {True}, and cf. {Tryst}.] 1. Assured resting of the mind on the… …
14Trust deed — Trust Trust, n. [OE. trust, trost, Icel. traust confidence, security; akin to Dan. & Sw. tr[ o]st comfort, consolation, G. trost, Goth. trausti a convention, covenant, and E. true. See {True}, and cf. {Tryst}.] 1. Assured resting of the mind on… …
15trust — 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… …
16Trust 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… …
17cestui — A short form for cest in que trust; the beneficiary of a trust. cestui que trust.The beneficiary of a trust; the person for whose benefit property is held in trust by a trustee. See 54 Am J1st Trusts § 136 …
18trust estate — The res of a trust. The fund or property held by the trustee for the benefit of the cestui que trust. The expression seems to be used with some confusion in the books. Sometimes it is employed to express the estate of the trustee, and sometimes… …
19trust, resulting — n. A trust that has not been explicitly created but that arises when it seems that a person transferring property to another must have wanted the person who receives title to the property to use it to benefit someone else. See also cestui que The …
20Beneficiary (trust) — Cestui que use redirects here. See also, Cestui que. In trust law, a beneficiary or cestui que use, a.k.a. cestui que trust, is the person or persons who are entitled to the benefit of any trust arrangement. A beneficiary will normally be a… …
