TRUST SPECIAL a trust where the trustee is obligated to carry out certain actions of the trust creator.
TRUST EXECUTORY a trust that needs action by the originator for it to become fully effective and meaningful.
TRUST EXPRESS ACTIVE a trust where the trustee is governed by provisions in the will that created the trust and gives the income to the beneficiaries.
TRUST FOR SALE Type of trust that directs sale of trust property that is in then held in the trust for the beneficiaries.
TRUST FUND This term applies to the property and money that is held in a trust and the property and money that is administered by the trustees.
TRUST FUND DOCTRINE This term describes the principle that a corporation must pay all of its debts before it can distribute assets to stockholders.
TRUST IMPLIED a trust that comes into being resulting from the intention to create a trust as a matter of law.
TRUST INDENTURE Indenture bond including provision for appointing trustees acting on bond holders behalf.