trustee — trust·ee 1 /ˌtrəs tē/ n 1: one to whom something is entrusted: one trusted to keep or administer something: as a: a member of a board entrusted with administering the funds and directing the policy of an institution or organization b: a country… … Law dictionary
Trustee — is a legal term that refers to a holder of property on behalf of a beneficiary. A trust can be set up either to benefit particular persons, or for any charitable purposes (but not generally for non charitable purposes): typical examples are a… … Wikipedia
Consumer Credit Act 1974 — United Kingdom Parliament Long title An Act to establish for the protection of consumers a new system, administered by the Director General of Fair Trading, of licensing and other control of traders concerned with the provision of credit, or the … Wikipedia
Trusts of Land and Appointment of Trustees Act 1996 — The Trusts of Land and Appointment of Trustees Act (TOLATA) 1996 is an Act of Parliament of the United Kingdom, which altered the law in relation to trusts of land in England, Wales, Scotland and Northern Ireland.BackgroundTOLATA came into force… … Wikipedia
List of Acts of Parliament of the United Kingdom Parliament, 1920-1939 — This is an incomplete list of Acts of the Parliament of the United Kingdom for the years 1920 1939. For acts passed prior to 1707 see List of Acts of Parliament of the English Parliament and List of Acts of Parliament of the Scottish… … Wikipedia
trust corporation — a company that has as its main or subsidiary sphere of operations the administration of trusts, with itself as trustee. The company should have an issued capital of at least £250,000 of which at least £100,000 should have been paid up. It is… … Law dictionary
hotchpot — hotch·pot / häch ˌpät/ n [Anglo French hochepot, from Old French, thick soup or stew, from hochier to shake + pot pot] 1: the combining of properties into a common lot to ensure equality of division among those entitled to a share of an estate… … Law dictionary
Protective trust — The Protective Trust is a form of settlement found in England and Wales and several Commonwealth countries. It has marked similarities to asset protection trusts found in several offshore jurisdictions and US Spendthrift trusts.In such a trust… … Wikipedia
advance — ad·vance 1 vt ad·vanced, ad·vanc·ing: to supply or provide ahead of time: as a: to give (a gift) by way of or as an advancement b: to supply (as money) beforehand in expectation of repayment or other future adjustment advance 2 n: a provision of… … Law dictionary
power of advancement — England, Wales A power that enables trustees to pay or apply capital to, or for the benefit of, a beneficiary. Trustees may apply capital for the benefit of a beneficiary by creating new trusts for him (a settled advance). A power of advancement… … Law dictionary
Trust law in England and Wales — is the original and foundational law of trusts in the world, and a unique contribution of English law to the legal system. Trusts are part of the law of property, and arise where one person (a settlor ) gives assets (e.g. some land) to another… … Wikipedia