Trust Law
/ˈtrʌst lɔː/
Definitions
- (n.) Branch of law governing the creation and operation of trusts, where a trustee holds property for beneficiaries.
Trust law establishes the duties of a trustee toward the beneficiaries.
Related terms
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Commentary
Trust law often integrates principles from property and fiduciary law; drafters should clearly specify duties and powers of trustees to avoid conflicts.
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.