executed trust

A trust in which the estates and interests in the subject matter of the trust are completely limited and defined by the instrument creating the trust and require no further instruments to complete them.

— Also termed complete voluntary trust.[Cases: Trusts 114. C.J.S. Trover and Conversion § 215.]

---

词条贡献者

译员Roger，毕业于欧洲一流的高级翻译学院，专注翻译各种与公共及基础设施融资有关的法律文件。