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Definition of Honorary trust
1. Noun. (legal) A device by which a person establishes a trust for which there is neither a charitable purpose, nor a private beneficiary to enforce the trust (such as a trust for the care of pets or maintenance of cemetery plots), for which trustee is bound by honor, but ''not'' by law, to carry out the wishes of the trustor. ¹
¹ Source: wiktionary.com
Lexicographical Neighbors of Honorary Trust
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