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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词条贡献者

法律翻译Howard，在一家顶尖的美国律师事务所担任专职法律翻译，专注翻译各类与信托与财产规划有关的法律文件。