Jan 18, 2012 17:00
12 yrs ago
6 viewers *
English term

trust

English Law/Patents Law (general)
Dear colleagues,

The following sentences are examples taken from a trust deed and I would like to know your understanding of the term "trusts" (in the plural!) in contexts like these.

1. any property subject to the *trusts* hereunder may (...)

2. I hereby bequeath all my property in Australia to my daughter upon the following *trusts*:

3. the exercise of all the *trusts" and discretions granted hereunder shall (...)

4. any *discretionary trusts* and powers may be exercised

I've always wondered if "trusts" especially in example # 3 simply means "fiduciary duties".

Please, only answers from legal translators!

Thank you very much in advance!

Discussion

Mark Robertson Jan 18, 2012:
What a question! Very simply, a trust exists when someone (the trustee) owns property on behalf of another person (the beneficiary). The trustee is the legal owner of the property and the beneficiary is the beneficial owner of the property. The trustee is required to deal with the property in the interests of the beneficiary and in accordance with the terms of the trust, which are often detailed in a trust deed. Trusteeship does involve fiduciary duties. There is a lot more to this topic, but I hope this brief note suffices.

Responses

2 hrs

Fiduciary arrangement

Fiduciary arrangement

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Note added at 2 hrs (2012-01-18 19:45:02 GMT)
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Formato de archivo: PDF/Adobe Acrobat - Vista rápida
recipients. In designing these fiduciary arrangements, the Fund aimed to find the ... The Global Fund's fiduciary arrangements will be continuously monitored and ...
fiduciary Definition | Business Dictionaries from AllBusiness.comwww.allbusiness.com/.../fiduciary/4951042-1.ht...En caché - Similares - Traducir esta página
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An executor, guardian, trustee, and administrator are examples of a fiduciary. ... by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher. ...
CHOOSING YOUR COUNSEL-A FIDUCIARY ARRANGEMENTwww.wolffirm.com/publications/16.htmEn caché - Traducir esta página
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But unlike many other vendors who act on behalf of the servicer, an attorney acts as a fiduciary of the client. The fiduciary relationship between an attorney and ...
[PPT]
Trusts and Fiduciary arrangements in Luxembourg - The Delaware ...www.debankers.com/ ...Similares - Traducir esta página
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Formato de archivo: Microsoft Powerpoint - Vista rápida
Trusts and Fiduciary arrangements in Luxembourg. Carine Feipel. December 2 nd ,2009. Luxembourg in a nutshell. Located in the heart of Europe; Founding ...
fiduciary dutiescyber.law.harvard.edu/trusting/unit5all.htmlEn caché - Similares - Traducir esta página
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Arrangements in which entrustors are precluded from controlling their fiduciaries in the performance of their services, categorized in law as 'trust', vest far more ...
[PDF]
Financial Engineering in Luxembourg: Fiduciary Arrangementswww.pkf.lu/index.php?option...fr - Traducir esta página
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Formato de archivo: PDF/Adobe Acrobat - Vista rápida
Fiduciary Arrangements. PKF Weber & Bontemps ... Contractual arrangement whereby an owner. (Settlor) transfers the property of assets (fiduciary property) to a ...

eski :))

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Note added at 7 hrs (2012-01-19 00:42:05 GMT)
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Fiduciary Agreement - Fidomes S.A.www.fidomes.com/EN/luxembourg/index.asp?...En caché - Similares - Traducir esta página
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According to the Law, a fiduciary agreement is defined as a contract whereby a person, the principal (or the "fiduciant”), agrees with another person, the fiduciary ...
fiduciary dutiescyber.law.harvard.edu/trusting/unit5all.htmlEn caché - Similares - Traducir esta página
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Arrangements in which entrustors are precluded from controlling their fiduciaries in the ..... The Restatement(Second) of Trusts defines the trust as "a fiduciary ...
Dictionary - Definition of fiduciarywww.websters-online-dictionary.org/definition/fi...Similares - Traducir esta página
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Fiduciary may be defined to be, in trust, in confidence. 2. A fiduciary contract is defined to be, an agreement by which a person delivers a thing to another, on the ...
Peer comment(s):

neutral Tina Vonhof (X) : 1) it's an English to English question. 2) it doesn't help to answer a question by quoting all this material that explains nothing. The one and only link doesn't work.
1 hr
Thanks for your comment, Tina. :))
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