— Also termed direct trust; declared trust. [Cases: Trusts 1–61.5. C.J.S. Conflict of Laws §§ 73, 85; Trover and Conversion §§ 1–9, 14–127, 143.]
express trust
A trust created with the settlor’s express intent, usu. declared in writing; an ordinary trust as opposed to a resulting trust or a constructive trust.