trust res
Category: Wills, Trusts & Estates → Living Trusts & Avoiding Probate

Nolo’s Plain-English Law Dictionary. . 2009.

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  • trust res — The property of which the trust consists. It may be real or personal and the trustee has legal title. See also principal …   Black's law dictionary

  • trust corpus — Latin for the body of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, that money is the corpus. Also called the trust res. Category: Wills, Trusts & Estates →… …   Law dictionary

  • trust property — The property which is the subject matter of the trust. The trust res (q.v.). See also principal …   Black's law dictionary

  • trust — n 1 a: a fiduciary relationship in which one party holds legal title to another s property for the benefit of a party who holds equitable title to the property b: an entity resulting from the establishment of such a relationship see also… …   Law dictionary

  • TRUST — Le trust est la forme primitive de concentration monopoliste des entreprises aux États Unis. Son nom vient d’une technique juridique anglaise, utilisée à l’origine pour faciliter cette concentration. La technique a été rapidement abandonnée; le… …   Encyclopédie Universelle

  • Res judicata — or res iudicata (RJ), also known as claim preclusion, is the Latin term for a matter [already] judged , and may refer to two concepts: in both civil law and common law legal systems, a case in which there has been a final judgment and is no… …   Wikipedia

  • res — / rās, rēz/ n [Latin] 1: a thing (as a property, interest, or status) as opposed to a person that is the object of rights and esp. that is the subject matter of litigation a court with jurisdiction over the res of the suit compare in personam, in …   Law dictionary

  • trust — A legal entity created by a grantor for the benefit of designated beneficiaries under the laws of the state and the valid trust instrument. The trustee holds a fiduciary responsibility to manage the trust s corpus assets and income for the… …   Black's law dictionary

  • res — /riyz/ The subject matter of a trust or will. In the civil law, a thing; an object. As a term of the law, this word has a very wide and extensive signification, including not only things which are objects of property, but also such as are not… …   Black's law dictionary

  • trust — Noun: A fiduciary relationship; a matter of confidence. 54 Am J1st Trusts § 4. A confidential relationship involving a trustee, beneficiary, and a res consisting in property. 54 Am J1st Trusts § 4. The legal relationship between one person having …   Ballentine's law dictionary

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