resulting trust in a sentence
Examples
- In such a case, the monies paid to the association will ordinarily be held on resulting trust for the contributors.
- But if and when Mr . Vandervell should declare any defined trusts, the resulting trust would come to an end.
- When this occurs, the property is held on resulting trust for the settlor, as in " Vandervell v IRC ".
- Both types of resulting trust are traditionally regarded as examples of trusts giving effect to the common intention of the parties.
- It does not comment on presumed resulting trusts, and while later law has seemingly permitted such trusts, there is some disagreement.
- Where the family member refuses to transfer it back, the taxpayer can come to court and argue it was a resulting trust.
- The resulting trust arises by operation of the general law, dehors the pension scheme and the scope of the relevant tax legislation.
- For that purpose they have sought to develop the law of resulting trusts so as to give the plaintiff a proprietary interest.
- Like a constructive trust, a resulting trust arises by operation of law, though unlike a constructive trust it gives effect to intention.
- Therefore, it is said, a resulting trust must arise either at the time or the theft or when the monies are subsequently mixed.