Explore the legal terms and concepts related to Charitable and Honorary Trusts. Click on any term below to learn more about its definition and applications.
What is a charitable trust and how is it created?
A charitable trust, which is created in the same manner as a private express trust, requires the pur...
What is the doctrine of cy pres and what is its impact?
The doctrine of cy pres is a legal concept that gives courts the power to interpret the terms of a w...
What is an honorary trust and how are they treated by courts?
An honorary trust is a trust with no ascertainable beneficiary that concerns no substantial benefit...