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Simple Trust in United Kingdom

Definition of Simple Trust

In accordance with the work A Dictionary of Law, this is a description of Simple Trust : (bare trust, naked trust, simple trust)

A trust in which the trustee has no obligation except to hand over the trust property to a person entitled to it, at the latter’s request. This will occur when the beneficiary is of full age and under no disability and the trustee has no duties in respect of the property.

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Legal Citations Generator

(2015, 02). Simple Trust lawi.org.uk Retrieved 06, 2021, from https://lawi.org.uk/simple-trust/

02 2015. 06 2021 <https://lawi.org.uk/simple-trust/>

"Simple Trust" lawi.org.uk. lawi.org.uk, 02 2015. Web. 06 2021. <https://lawi.org.uk/simple-trust/>

"Simple Trust" lawi.org.uk. 02, 2015. Accesed 06 2021. https://lawi.org.uk/simple-trust/

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

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Schema Summary

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

This entry was last updated: February 26, 2015

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