Trusts & Estate Planning Legal Terms and Legal Words. Trusts & Estate Planning Terminology

child
child is often referred to as a human younger than the age of majority. Age of majority varies from 16 to 21 depending on a country. For the purpose of estate planning, a Child includes a person entitled to take as a child under the state probate code by intestate succession from the parent whose relationship is involved, and excludes any person who is … Full Definition »
Law topic: Trusts & Estate Planning << Legal issue: Trusts & Estate Planning
trust
\ trʌst \ "Trust" means an express trust, private or charitable, with additions to it, wherever and however created. It also includes a trust created or determined by a judgment or decree under which the trust is to be administered in the manner of an express trust. “Trust” excludes other constructive trusts, and it excludes resulting trusts; … Full Definition »
Law topic: Trusts & Estate Planning << Legal issue: Trusts & Estate Planning
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trust
\ trʌst \ "Trust" means an express trust, private or charitable, with additions to it, wherever and however created. It also includes a trust created or determined by a judgment or decree under which the trust is to be administered in the manner of an express trust. “Trust” excludes other constructive trusts, and it excludes resulting trusts; … Full Definition »
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