Simple Trust in United States

Simple Trust Definition

A simple or passive 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,” in that the trustee performs no duty. 7 Watts & S. (Pa.) 25; 2 Bouv. Inst, note 1896. See “Trust.”

Simple Trust in Foreign Legal Encyclopedias

Link	Description
Simple Trust	Simple Trust in the World Legal Encyclopedia.
Simple Trust	Simple Trust in the European Legal Encyclopedia.
Simple Trust	Simple Trust in the Asian Legal Encyclopedia.
Simple Trust	Simple Trust in the UK Legal Encyclopedia.
Simple Trust	Simple Trust in the Australian Legal Encyclopedia.

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Browse the American Encyclopedia of Law for Simple Trust

Scan Simple Trust in the appropriate area of law:

Link	Description
Simple Trust	Simple Trust in the Family Law Portal of the American Encyclopedia of Law.
Simple Trust	Simple Trust in the IP Portal of the American Encyclopedia of Law.
Simple Trust	Simple Trust in the Commercial Law Portal of the American Encyclopedia of Law.
Simple Trust	Simple Trust in the Criminal Law Portal of the American Encyclopedia of Law.
Simple Trust	Simple Trust in the Antritrust Portal of the American Encyclopedia of Law.
Simple Trust	Simple Trust in the Bankruptcy Law Portal of the American Encyclopedia of Law.
Simple Trust	Simple Trust in the Constitutional Law Portal of the American Encyclopedia of Law.
Simple Trust	Simple Trust in the Tax Law Portal of the American Encyclopedia of Law.
Simple Trust	Simple Trust in the and Finance and Banking Portal of the American Encyclopedia of Law.
Simple Trust	Simple Trust in the Employment and Labor Portal of the American Encyclopedia of Law.
Simple Trust	Simple Trust in the Personal Injury and Tort Portal of the American Encyclopedia of Law.
Simple Trust	Simple Trust in the Environmental Law Portal of the American Encyclopedia of Law.

Explore other Reference Works

Resource	Description
Simple Trust in the Dictionaries	Simple Trust in our legal dictionaries
http://lawi.us/simple-trust	The URI of Simple Trust (more about URIs)
Simple Trust related entries	Find related entries of Simple Trust

Legal Issue for Attorneys

A simple or passive 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,” in that the trustee performs no duty. 7 Watts & S. (Pa.) 25; 2 Bouv. Inst, note 1896. See “Trust.”

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Notice

This definition of Simple Trust is based on The Cyclopedic Law Dictionary. This entry needs to be proofread.

Simple Trust