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- an independent legal
process
- an equitable obligation
- a fiduciary relationship
- an arrangement
- given by a person..
- which is binding upon..
- that a person can intiate..
- which binding a person to
deal with the property
- by which land and other
property is manage
A trust - as a legal device used to set aside the money of property of one person.
A settlor (vlastník) - as a person who creates a trust by giving real or personal property in trust
to a trustee for the benefit of a beneficiary.
A beneficiary (obmyšlený) - as a person entitled to receive funds or other property under trust,
will, or insurance policy.
An express trust (svěřenectví zřízené výslovně)- as a trust created by the free and deliberate
act of the parties involved.
An implied trust (svěřenectví vyplívající z konkludentního jednání) - as a trust that arises from
the unexpressed and presumed intentions.
A constructive trust (svěřenectví vznikající ze zákona)- as a trust created by a court to benefit a
party hat has been wrongfully deprived of its rights.
A public trust - as a trust created for charitable or religious or educational or scientific purposes.
A legal ownership - as the right to hold, manage and administer property that belongs to
somebody else.
A beneficial interest - as the right of a party to some profit, distribution, or benefit from a trust.
TRUST______private
- express
- implied
- constructive
_______public (charitable trust)
For a trust to be charitable it must serve one of the
following purposes:
- the relief of