• Thumbnail for Testamentary trust
    A testamentary trust (sometimes referred to as a will trust or trust under will) is a trust which arises upon the death of the testator, and which is...
    6 KB (852 words) - 22:16, 30 January 2024
  • Thumbnail for Trust (law)
    entrusted property is known as the "corpus" or "trust property". A testamentary trust is an irrevocable trust established and funded pursuant to the terms...
    78 KB (10,258 words) - 12:46, 14 August 2024
  • Thumbnail for Testator
    Testator (redirect from Testamentary)
    disposition, or gift made in a will (see that article for types). Testamentary trust, a trust that is created in a will. A will is also known as a last will...
    3 KB (313 words) - 01:30, 30 June 2023
  • Inter vivos (category Wills and trusts)
    lifetime, as opposed to a testamentary transfer that takes effect on the death of the giver. The term is often used to describe a trust established during one's...
    2 KB (207 words) - 19:24, 21 August 2023
  • duPont Testamentary Trust is a non-profit organization created by philanthropist Alfred Irénée du Pont in 1935, devoted to supporting the trust's sole charitable...
    13 KB (1,322 words) - 08:50, 6 February 2023
  • directions set forth in a will) and also be a trustee of a testamentary trust created by the will. trust law inheritance executor trustee Minor, James F. (October...
    850 bytes (77 words) - 05:39, 30 May 2023
  • Thumbnail for Discretionary trust
    sometimes referred to as a family trust in Australia or New Zealand. Where the discretionary trust is a testamentary trust, it is common for the settlor (or...
    9 KB (1,368 words) - 16:30, 30 July 2024
  • used to constitute a trust. Trust instruments are generally only used in relation to an inter vivos trust; testamentary trusts are usually created under...
    5 KB (704 words) - 06:08, 3 September 2023
  • Thumbnail for United States trust law
    living) or in a will (which creates a testamentary trust). Therefore, in understanding certain terms in a trust, general rules of construction regarding...
    61 KB (9,271 words) - 15:54, 1 September 2023
  • trust holds stock. A trust is eligible to hold S corporation stock if it is a Subpart E trust ("grantor trust"), a testamentary trust, a voting trust...
    1,023 bytes (104 words) - 20:32, 15 May 2024
  • Settlor (redirect from Trustor (trust law))
    settlor is also referred to as a trustor, or occasionally, a grantor or donor. Where the trust is a testamentary trust, the settlor is usually referred...
    5 KB (746 words) - 00:12, 28 January 2024
  • Thumbnail for Will and testament
    Will and testament (category Wills and trusts)
    applies to both personal and real property. A will may also create a testamentary trust that is effective only after the death of the testator. Throughout...
    32 KB (4,471 words) - 02:17, 17 August 2024
  • established as either a living trust, or a testamentary trust. Leonard Henson of Guelph, Ontario had set up an absolute discretionary trust for his daughter. The...
    5 KB (602 words) - 00:30, 17 August 2024
  • Thumbnail for Alfred I. du Pont
    multimillionaire, with the bulk of his fortune sustaining the Alfred I. duPont Testamentary Trust. Du Pont was born in the Brandywine Valley region of Delaware to which...
    24 KB (2,909 words) - 14:37, 18 June 2024
  • the state where the property is located. Where an inter vivos or testamentary trust includes immovables, reference must be made to the lex situs on all...
    15 KB (2,326 words) - 15:11, 25 September 2023
  • Thumbnail for Edward Ball (businessman)
    Alfred I. du Pont for nine years before running the Alfred I. duPont Testamentary Trust's businesses himself for another 46 years. He founded and led the St...
    24 KB (3,078 words) - 16:31, 13 May 2024
  • Thumbnail for Testamentary capacity
    In the common law tradition, testamentary capacity is the legal term of art used to describe a person's legal and mental ability to make or alter a valid...
    14 KB (1,673 words) - 18:45, 16 April 2023
  • a trust deed) (also called an inter vivos trust), as a result of a testamentary trust or as a result of the operation of law as a constructive trust or...
    12 KB (1,665 words) - 18:56, 13 October 2022
  • Library of Australia. His will established the Brian May Trust, a charitable testamentary trust, to provide a scholarship to promising Australian film composers...
    11 KB (822 words) - 18:19, 8 August 2024
  • Thumbnail for Du Pont family
    Rubber Company Victorine & Samuel Homsey Wilmington Trust yet2.com Alfred I. duPont Testamentary Trust American Liberty League Camp Rodney (Boy Scouts of...
    34 KB (3,225 words) - 17:44, 6 June 2024
  • of the Alfred I. duPont Testamentary Trust, which had a value over $5 billion in 2015. Du Pont's will stipulated that the trust make an annual disbursement...
    4 KB (392 words) - 17:48, 17 June 2024
  • Thumbnail for Tom Benson
    Mayor Phil Hardberger and attorney Art Bayern as co-executors of the testamentary trust of Shirley L. Benson, replacing Benson as trustees of the estate....
    42 KB (5,101 words) - 23:41, 13 August 2024
  • an inter vivos trust or a testamentary trust), where the trustee owes additional duties and has additional powers specified by the trust instrument. The...
    7 KB (959 words) - 18:14, 9 December 2023
  • A resulting trust is an implied trust that comes into existence by operation of law, where property is transferred to someone who pays nothing for it;...
    8 KB (1,097 words) - 00:40, 19 April 2024
  • Thumbnail for White Rajahs
    the constitution of the state". This unique testamentary trust became known as the Sarawak Sovereignty Trust. When James Brooke first arrived in Sarawak...
    19 KB (1,864 words) - 19:34, 15 August 2024
  • death of its founder James Wilson in 1860, The Economist was held in testamentary trust for his six daughters and their dependents. The eldest, Mrs Bagehot...
    17 KB (1,439 words) - 08:11, 17 July 2024
  • Thumbnail for Nemours Children's Hospital, Delaware
    duPont Testamentary Trust, valued at $3.4 billion in 2009. The trusts supporting the Nemours Foundation (the A.I. duPont Testamentary Trust and the Edward...
    14 KB (1,272 words) - 03:39, 2 August 2024
  • Thumbnail for Charitable trust
    benefits. Charitable trusts can be set up inter vivos (during a donor's life) or as a part of a trust or will at death (testamentary). There are two basic...
    10 KB (1,333 words) - 15:48, 22 December 2023
  • Thumbnail for Totten trust
    Although this method of creating a trust did not meet the formal requirements of trust creation, or the testamentary formalities required to make a valid...
    3 KB (424 words) - 22:10, 18 January 2022
  • Thumbnail for Jessie Ball duPont
    two of the organizations set up by the trust, the Nemours Foundation and the Alfred I. duPont Testamentary Trust. She also sat on the boards at the Alfred...
    14 KB (1,470 words) - 18:01, 15 July 2024