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Declaration of Trust in United Kingdom

Definition of Declaration of Trust

In accordance with the work A Dictionary of Law, this is a description of Declaration of Trust : A statement indicating that property is to be held on trust. No specific words are necessary, as long as the intention to declare a trust is made clear. Once a declaration of trust is made, the person intended to be trustee still holds the property but is not entitled to hold it for his own benefit. A declaration of a trust where the trust property is land is subject to certain formalities, detailed in the Law of Property Act 1925 (s.53).

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(2015, 01). Declaration of Trust lawi.org.uk Retrieved 06, 2021, from https://lawi.org.uk/declaration-of-trust/

01 2015. 06 2021 <https://lawi.org.uk/declaration-of-trust/>

"Declaration of Trust" lawi.org.uk. lawi.org.uk, 01 2015. Web. 06 2021. <https://lawi.org.uk/declaration-of-trust/>

"Declaration of Trust" lawi.org.uk. 01, 2015. Accesed 06 2021. https://lawi.org.uk/declaration-of-trust/

Agostino Von Hassell, 'Declaration of Trust' (lawi.org.uk 2015) <https://lawi.org.uk/declaration-of-trust/> accesed 2021 June 16

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Schema Summary

  • Article Name: Declaration of Trust
  • Author: Agostino Von Hassell
  • Description: Definition of Declaration of Trust In accordance with the work A Dictionary of Law, this is a description of Declaration of [...]

This entry was last updated: January 5, 2015

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