☩ SOTERIAN GLOSSARY ☩

Living Language Lexicon of the Soteria Covenant

Resulting Trust

A trust that arises by implication of law when property is transferred but the intent to create a trust was not fully expressed. The law presumes the transferor did not intend an outright gift and the property 'results' back to them in equity.

Category: Trust Law · Source: Black's Law Dictionary
0 terms published 0 awaiting endorsement
Propose a New Term

Submit a term for the community. Two endorsements from other members will publish it.

Per page: