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Express Trust in United Kingdom

Definition of Express Trust

In accordance with the work A Dictionary of Law, this is a description of Express Trust : A trust created expressly by the settlor, i.e. by stating directly his intention to create a trust. There is no need for formal words provided that the intention to create a trust is clear from the documents or from the oral statements of the settlor, but most express trusts are contained in documents that have been professionally drafted.

Compare implied trust.

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(2015, 06). Express Trust lawi.org.uk Retrieved 06, 2021, from https://lawi.org.uk/express-trust/

06 2015. 06 2021 <https://lawi.org.uk/express-trust/>

"Express Trust" lawi.org.uk. lawi.org.uk, 06 2015. Web. 06 2021. <https://lawi.org.uk/express-trust/>

"Express Trust" lawi.org.uk. 06, 2015. Accesed 06 2021. https://lawi.org.uk/express-trust/

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

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Schema Summary

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

This entry was last updated: June 6, 2015

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