Template:Conversion: Difference between revisions
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(Created page with " === Conversion === It is the separation of the legal title and the equitable title (i.e., the "ownership" which would have been protected by the respective courts o...") |
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Study series on trusts of the Church | Study series on trusts of the Church | ||
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| '''His Holy Church on Trusts''' | | '''His Holy Church on Trusts''' | ||
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Latest revision as of 11:31, 28 December 2022
Conversion
It is the separation of the legal title and the equitable title (i.e., the "ownership" which would have been protected by the respective courts of law and equity) which provides the poles between which the fiduciary duty the electricity of a trust relationship flows. The Trust is a relationship which requires the existence of some property interest, the "res"." Excerpted from: Wills and Trusts in a Nut Shell, by Robert L. Mennell, West Group, a Thomson company, 1994, pages 169-173. Study series on trusts of the Church