express trust definition

express trust means a trust created by the express declaration of a settlor or a trustee made orally, by instrument in writing or by will;
express trust means a fiduciary relationship with respect to property which arises as a manifestation by the settlor of an intention to create the relationship and which subjects the person holding title to the property to equitable duties to deal with the property for the benefit of another person.
express trust means a trust as described in Code Section 53-12-20.

More Definitions of express trust

express trust means a trust created by a settlor usually by form of a document such as a trust deed or written deed of trust;
express trust means a trust within the meaning of the Trusts Act, but excludes a trust arising by operation of law, including a resulting trust and a constructive trust;
express trust means a trust as described in Code Section 53-12-10.
express trust means a trust created by the settler, either orally or in a written agreement or deed of trust, by which property is passed from the owner to another person.
express trust means a trust other than a trust which arises by construction on implication of law such as a constructive or implied trust;
express trust means a trust intentionally created by the settlor, inter vivos or on death, usually in a form of written document to place assets under the control of a trustee for the benefit of a beneficiary or for a specified purpose, usually to fulfil a business or personal need.
express trust means a trust clearly created by the settlor, usually in the form of a document, including a written deed of trust;