donative trust
A trust that establishes a gift of a beneficial interest in property for a beneficiary.? Most trusts are donative trusts.
¡ª Also termed gratuitous trust. [Cases: Trusts 35(1). C.J.S. Trover and Conversion ¡ì 55.]
? Most trusts are donative trusts.
¡ª Also termed gratuitous trust. [Cases: Trusts 35(1). C.J.S. Trover and Conversion ¡ì 55.]
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