An interest 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...

person with a life interest is known as a life tenant. A life interest ends when the life tenant dies. An interest in possession trust is the most common...

life interest takes effect only as an interest enjoyed in equity, specifically as an interest in possession trust. The other type of land ownership is...

subtype of Type II supernova Ion imprinted polymer Interest in possession trust, a form of legal trust International investment position Index of industrial...

set out in the table below: Notes: An "interest-in-possession" means that a specific beneficiary has a right to the current income of the trust. The spouse...

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

and possession to the plaintiff. For instance, in some states the slayer rule is implemented in the form of a constructive trust. Constructive trusts are...

In the United States, a bypass trust is an irrevocable trust into which the settlor deposits assets and which is designed to pay trust income and principal...

such as annual rents/produce/interest, as opposed to the legal ones such as any capital gain, of the property forming the trust assets. Two subsets, B and...

creates an irrevocable trust preventing creditors from attaching the interest of the beneficiary in the trust before that interest (cash or property) is...

resulting trusts. The beneficial interest results to the settlor, or if the settlor has died, to the settlor's estate. This concept is illustrated in the case...

resorted to. The beneficial owner (or tenant-in-possession) of the property in fact had only a life interest in it, albeit an absolute right to the income...

may charge fees for services to the Trust Not be in a conflict of interest position Administer in the best interest of the beneficiaries The modern interpretation...

beneficiary's interest in a trust is limited to the beneficiary's interest in such trust. Consequently, the common goal of asset protection trusts is to limit...

In the law of inheritance, wills and trusts, a disclaimer of interest (also called a renunciation) is an attempt by a person to renounce their legal right...

equity, originating in the law of charitable trusts, but it has since been applied in the context of class action settlements in the United States. An...

the trust terminates. These "split interest" trusts are defined in §664 of the Internal Revenue Code and are normally tax-exempt. A Section 664 trust makes...

real or personal property, a gift or trust, or other things in which the privilege of possession or of enjoyment is in the future and not the present reversions...

In property law and real estate, a future interest is a legal right to property ownership that does not include the right to present possession or enjoyment...

the Trust had no estate out of which it could grant one. In my opinion none of these circumstances can make an agreement to grant exclusive possession something...

Look up possession in Wiktionary, the free dictionary. In law, possession is the exercise of dominion by a person over property to the exclusion of others...

Bailment is a legal relationship in common law, where the owner of personal property ("chattel") transfers physical possession of that property to another...

Adverse possession in common law, and the related civil law concept of usucaption (also acquisitive prescription or prescriptive acquisition), are legal...

property) may be required in order to transfer ownership in the property to another person. Title is distinct from possession, a right that often accompanies...

If a deceased has a surviving spouse, this individual will have priority in receiving a letter of administration over others, including children; age...

security interest in real property held by a lender as a security for a debt, usually a mortgage loan. Hypothec is the corresponding term in civil law...

nonpossessory interest in land is a term of property law to describe any of a category of rights held by one person to use land that is in the possession of another...

survivorship". Property held in a revocable or irrevocable trust created during the grantor's lifetime also avoids probate. In these cases in the U.S. no court action...

legislation in the past decade establishing authority for PADs, there is relatively little public information available to address growing interest in these...

made in a will (see that article for types). Testamentary trust, a trust that is created in a will. A will is also known as a last will and testament...