How can a trust be created? | ScriptaLegal
Personal Law Business Law Packages & Subscriptions
Français About us Sign up Log in
Interactive legal guides Legal frequently asked questions Legal blog Videos
Frequently asked questions > Company > Trust > How can a trust be created?

How can a trust be created?

A Trust may be created by an agreement or contract (referred to as the trust deed) under which the settlor transfers, by way of gift, property from his own patrimony to a separate and distinct patrimony. such property is held for the benefit of individuals, corporations and other trusts, called beneficiaries. The trust patrimony is administered by one or more trustees for the beneficiaries in accordance with the rules set out in the trust deed.

This browser does not support this kind of file. Please download the file to view it: Download the file