No, a trust is not a juristic person. Only in matters of taxation and insolvency can they be sued or otherwise litigated. In ALL other matter the trustees are personally responsible for juristic acts, debts etc.
The company as juristic person has rights, duties and responsibilities as an individual person. The juristic person can enter into any contract and be bound to it.
From your description, 'juristic person' sounds like a person asked to sit on a committee to adjudge resident actions vis-a-vis the governing documents. Read your governing documents to determine the duties and responsibilities of the officer to whom your committee reports. Then ask that officer to clearly state your duties.
A "juristic person" is synonymous with a "juridical person", "legal person" or "artificial person". Such persons are created, either by obtaining the express approval of the legislature or by following special procedures for the creation of such persons. Juristic persons may also be known as companies, corporations, incorporations, societies, associations or similar terms depending on local legislation. The term "non-juristic person" is somewhat unusual, but would normally be interpreted as meaning a person that is not created but who is born. A synonym would be "natural person".
If the property is in a trust it is not in a person's estate and it can managed or sold according to the provisions of the trust. You need to review the trust document.If the property is in a trust it is not in a person's estate and it can managed or sold according to the provisions of the trust. You need to review the trust document.If the property is in a trust it is not in a person's estate and it can managed or sold according to the provisions of the trust. You need to review the trust document.If the property is in a trust it is not in a person's estate and it can managed or sold according to the provisions of the trust. You need to review the trust document.
Wolfgang Henkel has written: 'Zur Theorie der juristischen Person im 19. Jahrhundert' -- subject(s): History, Jurisprudence, Juristic persons
the beneficiary in a trust is the person whom benefits from that which is held in trust.
Whether or not you should stay with a person you can't trust depends on if you feel that you can eventually trust the person. If there is no chance of trust developing, it would be difficult to have a lasting, happy relationship.
The settler is the person who creates the trust and transfers their property to the trust. More common terms are grantor and trustor.
A person believes out of trust. So it means the person has trust for someone before he/she can believe
it remains a grantor trust
There are different types of trust that can be placed in a person, such as reliability, honesty, competence, and loyalty. These types of trust reflect different aspects of a person's character and behavior that can influence how much trust we place in them.
Trust must be earned.