Search Results for: passive trust

passive trust

A trust in which the trustee has no duty other than to transfer the property to the beneficiary. — Also termed dry trust; general trust; nominal trust; simple trust; naked trust; ministerial trust; technical trust. See bare trustee under TRUSTEE. Cf. active trust. [Cases: Trusts 136. C.J.S. Trover and Conversion §§ 13, 243.]

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active trust

A trust in which the trustee has some affirmative duty of management or administration besides the obligation to transfer the property to the beneficiary. — Also termed express active trust; special trust; operative trust. Cf. passive trust. [Cases: Trusts 135. C.J.S. Trover and Conversion §§ 13, 242.]

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dry trust

dry trust 消极信托;名义信托 在这种信托中,受托人只单纯持有信托财产的所有权而实际由受益人支配该财产;或者受托人只单纯将信托财产的所有权转让给受益人而不负有其他任何义务。该词等同于passive trust 和naked trust。

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