Secret Trusts in United States
Secret Trusts Definition
Where a testator gives property to a person, on a verbal promise by the legatee or devisee that he will hold it in trust for another person, this is called a “secret trust.” The English rule is, that if the secret trust would have been valid as an express trust, it will be enforced against the legatee or devisee, while if it would have been invalid as an express trust, e. g., by contravening the provisions of the mortmain act, the gift fails altogether, so that neither the devisee or legatee, nor the object of the trust, takes any benefit by it. Lewln, Trusts, 51 ; Watson, Comp. Eq. 54.
Secret Trusts in Foreign Legal Encyclopedias
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Secret Trusts | Secret Trusts in the World Legal Encyclopedia. |
Secret Trusts | Secret Trusts in the European Legal Encyclopedia. |
Secret Trusts | Secret Trusts in the Asian Legal Encyclopedia. |
Secret Trusts | Secret Trusts in the UK Legal Encyclopedia. |
Secret Trusts | Secret Trusts in the Australian Legal Encyclopedia. |
For starting research in the law of a foreign country:
Browse the American Encyclopedia of Law for Secret Trusts
Scan Secret Trusts in the appropriate area of law:
Link | Description |
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Secret Trusts | Secret Trusts in the Family Law Portal of the American Encyclopedia of Law. |
Secret Trusts | Secret Trusts in the IP Portal of the American Encyclopedia of Law. |
Secret Trusts | Secret Trusts in the Commercial Law Portal of the American Encyclopedia of Law. |
Secret Trusts | Secret Trusts in the Criminal Law Portal of the American Encyclopedia of Law. |
Secret Trusts | Secret Trusts in the Antritrust Portal of the American Encyclopedia of Law. |
Secret Trusts | Secret Trusts in the Bankruptcy Law Portal of the American Encyclopedia of Law. |
Secret Trusts | Secret Trusts in the Constitutional Law Portal of the American Encyclopedia of Law. |
Secret Trusts | Secret Trusts in the Tax Law Portal of the American Encyclopedia of Law. |
Secret Trusts | Secret Trusts in the and Finance and Banking Portal of the American Encyclopedia of Law. |
Secret Trusts | Secret Trusts in the Employment and Labor Portal of the American Encyclopedia of Law. |
Secret Trusts | Secret Trusts in the Personal Injury and Tort Portal of the American Encyclopedia of Law. |
Secret Trusts | Secret Trusts in the Environmental Law Portal of the American Encyclopedia of Law. |
Explore other Reference Works
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Secret Trusts in the Dictionaries | Secret Trusts in our legal dictionaries |
http://lawi.us/secret-trusts | The URI of Secret Trusts (more about URIs) |
Secret Trusts related entries | Find related entries of Secret Trusts |
Legal Issue for Attorneys
Where a testator gives property to a person, on a verbal promise by the legatee or devisee that he will hold it in trust for another person, this is called a “secret trust.” The English rule is, that if the secret trust would have been valid as an express trust, it will be enforced against the legatee or devisee, while if it would have been invalid as an express trust, e. g., by contravening the provisions of the mortmain act, the gift fails altogether, so that neither the devisee or legatee, nor the object of the trust, takes any benefit by it. Lewln, Trusts, 51 ; Watson, Comp. Eq. 54.
Notice
This definition of Secret Trusts is based on The Cyclopedic Law Dictionary. This entry needs to be proofread.