Definition of Resulting trust

1. Noun. A trust created by a court when it is judged that it was the intention of the parties to create a trust.

Generic synonyms: Implied Trust

Definition of Resulting trust

1. Noun. (legal) A trust that is implied in law, under which property entrusted to one party is not to be used for the benefit of that party, but for that party to use for the benefit of a third party. ¹

¹ Source: wiktionary.com

Lexicographical Neighbors of Resulting Trust

resubscribing
resudation
result
resultance
resultant
resultant role
resultantly
resultants
resultate
resultates
resultative
resulted
resultful
resulting
resulting(a)
resulting trust (current term)
resulting trusts
resultingly
resultive
resultless
resultlessly
resultlessness
results
resultset
resultsets
resumable
resume
resumed
resumer
resumers

Literary usage of Resulting trust

Below you will find example usage of this term as found in modern and/or classical literature:

1. South Eastern Reporter by West Virginia Supreme Court of Appeals, West Publishing Company, South Carolina Supreme Court (1912)
"[1] A resulting trust is not dependent upon the agreement of parties, ... Therefore, In determining whether there was a resulting trust In this case, ..."

2. Reports of Cases Argued and Determined in the High Court of Chancery: During by Great Britain Court of Chancery, Edward Thurlow Thurlow, Alexander Wedderburn Rosslyn, Jonathan Cogswell Perkins (1844)
"In the present case, arising under a settlement of the wife's property, the resulting trust was naturally in favor of the wife; for Equity presumes the ..."

3. A Treatise on Equity Jurisprudence: As Administered in the United States of by John Norton Pomeroy (1882)
"522; such a resulting trust may arise where a husband has paid for property with money belonging to his wife, and has taken the title in his own name, ..."

4. Commentaries on American Law by James Kent, George Franklin Comstock (1866)
"(/) Where an estate is purchased in the name of A., and the consideration-money is actually paid at the time by B., there is a resulting trust in favor of ..."

5. Judicial and Statutory Definitions of Words and Phrases by West Publishing Company (1905)
"A resulting trust arises In favor of one who pays the purchase money of an ... Screven, 34 SE 22, 24, 56 SC 78 A resulting trust has its origin solely In ..."

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