cestui que trust


Also found in: Legal.

cestui que trust

(pronounced “seh tee kuh trust”) The beneficiary of a trust.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
Incluso el settlor podia constituirse en cestui que trust. En este supuesto, aunque aquel transfieriese su dominio legal (legal ownership) a un trustee, sin embargo, la corte de equidad considero que surgia un dominio util de equidad (equity ownership) en su favor, si se hubiese insituido beneficiario del trust.
The drafting formula became "Unto and the use of B and his heirs in trust for C and his heirs' and C to be known as the cestui que trust (229)'.
(90) Voz: "cestui que trust' en A Law Dictionary Adapted to the Constitution and Laws of the United States, por John Bouvier.
For while, generally, a trust is not good unless there be a natural or artificial cestui que trust, charitable trusts are an exception.