failure of trust

The invalidity of a trust because the instrument creating it has a defect or because of its illegality or other legal impediment. [Cases: Trusts 68. C.J.S. Trover and Conversion §§ 129, 137.]

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词条贡献者

译者Henry，毕业于世界顶级翻译学院，擅长翻译各种与企业管治相关的法律文件。