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Legal Forums arrow Legal Dictionary

SIMPLE TRUST.

Legal Term: SIMPLE TRUST.
Definition: A simple trust corresponds with the ancient use, and is where property is simply vested in one person for the use of another, and the nature of the trust, not being qualified by the settler, is left to the construction of law. It differs from a special trust. (q. v.) 2 Bouv. Inst. n. 1896.



***All definitions are taken from the 1856 Edition of Bouviers Law Dictionary

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