What is HELD IN TRUST? A term used to describe property held by a person who is not the owner but who is a trustee or an agent. TLD Example: The parties to the contract agreed to have the down payment held in trust by the attorney for the seller until the transaction was completed.
Definition of held in trust in the Legal Dictionary – by Free online English dictionary and encyclopedia. What is held in trust? Meaning of held in trust as a legal term. What does held in trust mean in law? Held in trust legal definition of held in trust.
May 02, 2008 · «Hold on trust» is also good English, although we usually say «in trust» in North America. In such an arrangement the trustee holds property or a property right for the benefit of another person.
Trust Fund), and shall hold in trust, as a legal owner,  and administer the funds, assets and receipts, which constitute the Trust Fund, on behalf of the Adaptation Fund supervised and managed by the Adaptation Fund Board.
In many situations, the trust originally consists of assets accumulated by the grantor / settle in the case of inter vivos trust funds or, if he or she has passed away, his or her estate in the case testamentary trust funds. For example, when singer, songwriter, producer, and performer Michael Jackson died, many of his publishing rights, copyrights, song rights, and another intellectual property was put into trust for his …
To Hold In Trust . By Christine . Ben pulled back gently on the reins and his horse came to a standstill. Up here in the high meadows there was a definite chill in the air and he pulled his coat collar up and rubbed his hands together to get the blood circulating.
Nov 26, 2018 · Generally, a trust is a legal relationship that is set up whereby one person holds the legal title to the property, the trustee, and another has the benefit of the use, enjoyment and income from
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