They are informal in nature. They do not require written evidence for their operation. They both rely on intention although the role of intention in constructive trusts is far more positive. The court must be satisfied that it was intended that the non legal owner would acquire an equitable interest in the property or it must be inferred from their conduct before they can impose a construsctive trust. In a resulting trust the intention is presumed and need not be express. The intention that the non legal owner is to own a share can always be rebuttted by evidence for example that it was a gift.
Reduce competition between businesses
tdcanadtr
are not
to prevent monopolies by big corporations or trusts :) yay for study island!
Because he trusts Johnny
M. Cope has written: 'Duress, undue influence, and unconscientious bargains' -- subject(s): Duress (Law), Rescission (Law), Undue influence 'Constructive trusts' -- subject(s): Constructive trusts
participate
Patricia L. Loughlan has written: 'The remedial constructive trust' -- subject(s): Trusts and trustees
A constructive trust is not one that is created by an individual. It is not a trust (express trust) in the true meaning of the term. It is a trust created by a court as a remedy when it decides that an individual is holding title to property unfairly. It treats the defendant as though it had been the trustee of an express trust. The court then compels the defendant to convey title to the property to the rightful owner. You can read more about constructive trusts at the link below.
A living trust can be modified while the person is still a live. Other forrms of trusts do not allow them to be modified.
trusts~apex
The Clayton Antitrust Act was intended to stop trusts from ever forming.apex=)
Reduce competition between businesses
Transitive Access
trusts~apex
Reduce competition between businesses
The Killam Trusts was created in 1965.