The term “corpus” is Latin for "body.” A trust corpus is the "body" of the trust. This is the property that is transferred into the trust; also known as the trust res. A trust corpus is one of the fundamental elements that has to be defined...
property law
trust deed
Trust deed (commonly referred to as a deed of trust) is a type of secured real-estate transaction that some states like California and Massachusetts use instead of mortgages. See State Property Statutes.
To finance property...
trust instrument
A trust instrument is a writing declaration or agreement to allocate a settlor’s property to their beneficiaries. It consists of the trust and regulates how the trust is executed. Trust instruments can be amended or revoked by the settlor at...
trust intent
Trust intent is the settlor’s intent to make a trust. It is a requirement of an express trust along with trust property, a trustee and definite beneficiaries.
trust merger
Trust merger is when the sole trustee and the sole beneficiary of the trust are the same person or institution. When this occurs, there is no longer separation between the trustee’s legal ownership of the trust property and the beneficiary’s...
trust protector
A trust protector is a role with specific duties that is assigned by the trust document in order to fulfill the purpose of the trust. In the Uniform Trust Code Section 808, the trust protector is defined as “a person other than the trustee or...
trust res
Trust res, also named as trust corpus, principal, subject matter, or trust property, is the property that is transferred into a trust. The term “corpus” is Latin for "body.” A trust corpus is the "body" of the trust. It is the property that...
trustee
A trustee is a third party who is authorized by a settlor to execute and manage trust assets. A trustee holds the title of the trust asset. A trustee is a requirement of an express trust along with trust property, trust intent, and definite...
typosquatting
Typosquatting is the process of acquiring similarly spelled or misspelled domain names for the purpose of capturing traffic intended for another website. Typosquatters profit from this conduct in multiple ways, such as providing pop-ups for...
Uniform Principal and Interest Act
The Uniform Principal and Interest Act, also known as the Uniform Principal and Income Act, is a uniform statute, adopted by most states, that in its most recent version allows some trustees to make adjustments that were not formerly allowed...