donative trust

A trust that establishes a gift of a beneficial interest in property for a beneficiary.

• Most trusts are donative trusts.

— Also termed gratuitous trust. [Cases: Trusts 35(1). C.J.S. Trover and Conversion § 55.]


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译者亚明,毕业于国内一流的高级翻译学院,擅长翻译各种与网络安全、隐私和数据保护相关的法律文件。
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