resulting trust

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resulting trust

A trust that is implied by law as necessary to carry out the true intentions of the parties involved. It typically arises when one transfers legal title to another for various reasons, but both parties intended the grantor to retain all benefits from the property. If an elderly person transferred her home to a child as an estate planning tool,but continued to live in the residence,the law would not allow the child to sell the home and keep the proceeds. It would, instead, impose a resulting trust.Contrast with a constructive trust.

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No references found			A CRT that divides in half must split each stock 50/50 so that each new trust gets half of each stock and maintains the same cost basis in each resulting trust. Guidance issued on dividing CRTs, assisting divorcing couples and ... by Sherr, Eileen Reichenberg / Journal of Accountancy Thus, a CRT that divides in half with two stock holdings must split each stock 50-50, so that each new trust gets half of each of the stocks and maintains the same cost basis in each resulting trust. Guidance issued on dividing CRTs, assisting divorcing couples by Sherr, Eileen Reichenberg / The Tax Adviser The second type is a resulting trust in which a court imposes a trust where the circumstances are such that equity requires the creation of a trust. Trusts are creatures of equity by Platten, Karen / LawNow			restricted appraisal report Restricted Asset Restricted Fund Restricted Letter of Credit Restricted Market Restricted Net Assets Restricted Option Restricted Retained Earnings Restricted Securities Restricted Security Restricted Stock Restricted Stock Award Restricted Stock Grant Restricted Stock Unit Restricted Stock Units Restricted Surplus restriction restrictive covenant Restrictive Covenants Restrictive Endorsement Restructuration de la dette Restructured Loan Restructuring Restructuring Charge Resultados no asignados resulting trust Resumen de cuenta Resyndication limited partnership Retail retail anthropology Retail Banking Retail credit retail gravitation Retail House retail installment contract retail investor Retail Investors Retail Lender Retail Market Retail Price Retail Price Index retail property Retailer retainage Retained Earnings Retained Earnings Statement retaining wall retaliatory eviction Retencao Retencion Retender			resultant rake resultant role Resultant Set of Policy resultant tone resultant wind resultantly resultantly resultantly Resultants Resultants Resultants Résultat Courant Avant Impôt Resultate resulted resulted resulted resulted resultful resultful resultful resultful resultfulness resultfulness resultfulness resultfulness resulting resulting resulting resulting resulting in resulting trust Resulting trusts Resulting use Resulting use Resultive resultless resultless resultless resultless results results results results results Results and Resources Framework Results Based Accountability Results Based Budgeting Results Based Incentive Results Based Leadership Results Based Management Results Based Personnel Performance System Results Based Staff Development Results Based Thinking Results Bus Results for America Results in Business Institute Results in Learning results list Results Manager Results May Vary Results Oriented Management Assessment

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