Resulting Trust
/rɪˈzʌltɪŋ trʌst/
Definitions
- (n.) A trust implied by law that arises when property is transferred under circumstances suggesting the transferor did not intend the recipient to have full beneficial ownership.
The court imposed a resulting trust to return the property to the original owner.
Forms
- resulting trusts
Related terms
See also
Commentary
Resulting trusts often arise by operation of law to address equity and prevent unjust enrichment where intention is unclear.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.