Executed Trust
The Cyclopedic Law Dictionary · Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922
The Cyclopedic Law Dictionary
A trust of which the scheme has in the outset been completely declared.
Adams, Eq. 151.
One in which the devise or trust is directly and wholly declared by the testator or settler, so as to attach on the lands immediately under the deed or will itself.
1 Greenl. Cruise, Dig. 385; 1 Jac. & W. 570.