Simple Trust
The Cyclopedic Law Dictionary · Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922
The Cyclopedic Law Dictionary
A simple or passive trust corresponds with the ancient use, and is where property is simply vested in one person for the use of another, and the nature of the trust, not being qualified by the settler, is left to the construction of law. It differs from a "special trust," in that the trustee performs no duty.
7 Watts & S. (Pa.) 25; 2 Bouv. Inst, note 1896.
See "Trust."
See Trust.