A trust created by the settlor, with the clear intent that such a trust be created, usually in the form of a document (e.g. a will), although it can be oral. This contrasts with trusts which come to being through the operation of the law and are not resulting from the clear intent or decision of any settlor to create a trust. See constructive trust.
A trust created or declared in express terms, usually in writing, as distinguished from one inferred by law from the conduct or dealings of the parties, as with a constructive trust.
a trust created by the free and deliberate act of the parties involved (usually on the basis of written documentation)
a trust that the parties set up and call a trust
a Trust which is created by a property executed written instrument that outlines the terms and conditions of the Trust
A trust created by the owner of property (called the settlor or trustor). The owner can give the property to a trustee when s/he is alive or in his or her Will. Or, the owner can use a declaration of trust to say s/he is holding the property for someone else.
A trust which is deliberately created by a settlor, who specifies who the trustee is and what the objects of the trust are.
trust which is clearly created by the settlor, usually in the form of a document (eg. a will), although they can be oral. They are to be contrasted with trusts which come to being through the operation of the law and which do not result from the clear intent or decision of any settlor to create a trust (eg. constructive trust).
Where property is passed to a person but no gift is made, it is held for the owner, this is the Resulting trust; where property should for some reason of public policy or fairness or rule of Equity be held for someone other than the legal owner, this is either the Statutory trust or the Constructive trust; but where legal title to property is held by someone on trust, this is the Express trust.
