Accumulation and maintenance ("A&M") trusts are a type of discretionary trust for the benefit of children and young people in England and Wales. The concept...

trust on behalf of an ascertained individual who is sui juris.(Someone above the age of consent and of sound mind) Accumulation and Maintenance trust...

A blind trust is a trust in which the beneficiaries have no knowledge of the holdings of the trust, and no right to intervene in their handling. In a...

A trust is a legal relationship in which the owner of property, or any transferable right, gives it to another to manage and use solely for the benefit...

gifts and settled no trusts in the seven years prior to settling a trust in 2012/13, it would be taxed at nil rate (0%) on the first £325,000 and 20% on...

resulting trust is an implied trust that comes into existence by operation of law, where property is transferred to someone who pays nothing for it; and then...

testamentary trust (sometimes referred to as a will trust or trust under will) is a trust which arises upon the death of the testator, and which is specified...

many other trusts, designed for the "support and maintenance" of the beneficiary; nor is the beneficiary allowed a yearly distribution of trust funds via...

In trust law, an asset-protection trust is any form of trust which provides for funds to be held on a discretionary basis. Such trusts are set up in an...

treatment of trusts for Inheritance Tax purposes. Specifically, it removed the exemption from inheritance tax for accumulation and maintenance trusts. The Finance...

In the trust law of England, Australia, Canada, and other common law jurisdictions, a discretionary trust is a trust where the beneficiaries and their...

charitable trust enjoys varying degrees of tax benefits in most countries and also generates goodwill. Some important terminology in charitable trusts includes...

down. Trusts for the care of specific animals have been upheld. In Re Dean (1889) 41 Ch D 552, North J upheld a trust for maintenance of horses and hounds...

A special needs trust, also known in some jurisdictions as a supplemental needs trust, is a specialized trust that allows the disabled beneficiary to...

A Totten trust (also referred to as a "Payable on Death" account) is a form of trust in the United States in which one party (the settlor or "grantor"...

In trust law, a spendthrift trust is a trust that is created for the benefit of a person (often unable to control his/her spending) that gives an independent...

endowment. The good stewardship of the property and investments of the estates by the City has led to the accumulation of surplus funds over any such demand on...

invoking cy-près and finding that Jackson's intent would be best served by using the trust "to promote the education, support and interests of the freedmen...

In trust law, a constructive trust is an equitable remedy imposed by a court to benefit a party that has been wrongfully deprived of its rights due to...

in possession trust is a trust in which at least one beneficiary has the right to receive the income generated by the trust (if trust funds are invested)...

appears in the legal phrases cestui que trust, cestui que use, or cestui que vie. Cestui que use and cestui que trust are often interchangeable. In some medieval...

States trust law is the body of law that regulates the legal instrument for holding wealth known as a trust. Most of the law regulating the creation and administration...

In trust law, a bare trust is a trust in which the beneficiary has a right to both income and capital and may call for both to be remitted into their own...

beneficiary was 25, and (at 21) the beneficiary wished to terminate the accumulation. Similarly, if the trusts are held for a tenant for life, and then for the...

to anyone in a position of trust and so can refer to any individual who holds property, authority, or a position of trust or responsibility for the benefit...

ability to execute a will and Testamentary disposition, or gift made in a will (see that article for types). Testamentary trust, a trust that is created in a...

from most forms of tax and freedom for the trustees not found in other types of English trusts. To be a valid charitable trust, the organization must...

pass under intestacy rules or where there are no executors living (and willing and able to act) having been validly appointed under the deceased's will...

will is a testamentary device wherein the writer of a will creates a trust, and decrees in the will that the property in his or her estate at the time...

any trust that would only be transferred to (or "vest") in someone in the distant future (currently 125 years under the Perpetuities and Accumulations Act...