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Page "Trust law" ¶ 84
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trust and law
-- that should a minister in Boston trust himself to his heart, should he `` speak without book, and consequently break some law of speech, or be hurried into some daring hyperbole, he should find little mercy ''.
His goal was to create a European order based on cooperation rather than conflict and mutual trust instead of rivalry and suspicion ; the rule of law was to supplant the reign of force and self-interest.
The duties imposed on directors are fiduciary duties, similar to those that the law imposes on those in similar positions of trust: agents and trustees.
After Paul's departure, the churches were led astray from Paul's faith / trust centered teachings by individuals proposing " another gospel " ( which centered around salvation through the Mosaic law, so-called legalism ), whom Paul saw as preaching a " different gospel " from what Paul had taught.
* Patrimony of affectation, in civil law, a legal entitlement that can be divided for a purpose, as distinct from the general patrimony of the person ; in some respects similar to a common-law trust
" The English trust and agency institutions in common law were possible adapted from the Islamic Waqf and Hawala institutions respectively during the Crusades.
In common law legal systems, a trust is a relationship whereby property ( real or personal, tangible or intangible ) is held by one party for the benefit of another.
The trust is also governed by local law.
The trustee is obliged to administer the trust in accordance with both the terms of the trust and the governing law.
Roman law had a well-developed concept of the trust ( fideicommissum ) in terms of " testamentary trusts " created by wills but never developed the concept of the " inter vivos trust " that applied while the creator was still alive.
Personal trust law developed in England at the time of the Crusades, during the 12th and 13th centuries.
France has recently added a similar, though not quite comparable, notion to its own law with la fiducie, which was modified in 2009 ; la fiducie, unlike the trust, is a contract.
Trusts are widely used internationally, especially in countries within the English law sphere of influence, and whilst most civil law jurisdictions do not generally contain the concept of a trust within their legal systems, they do recognise the concept under the Hague Convention on the Law Applicable to Trusts and on their Recognition ( partly only the extent that they are parties thereto ).
A resulting trust is implied by the law to work out the presumed intentions of the parties, but it does not take into consideration their expressed intent.
A constructive trust is a trust implied by law to work out justice between the parties, regardless of their intentions.
The settlor has much discretion when creating the trust, subject to some limitations imposed by law.
A case law doctrine developed whereby courts may generally recognize the efficacy of spendthrift clauses as against trust beneficiaries and their creditors, but not against creditors of a settlor.
In Canada and Minnesota monies owed by employers to contractors or by contractors to subcontractors on construction projects must by law be held in trust.
A constructive trust is imposed by the law as an " equitable remedy.
In such a case, the law may raise a resulting trust for the benefit of the grantor ( the creator of the trust ).

trust and appointment
A trust implementing a special power of appointment to provide asset protection features.
However, " appointment " also has a technical trust law meaning, either:
# In the event of default in the appointment of a new trustee by the surviving trustee, the " Trustees " hereby delegate and appoint the Governors of the International Hockey Hall of Fame in Kingston, Ontario, to name two Canadian trustees to carry on under the terms of the original trust, and in conformity with this Agreement.
Under both a waqf and a trust, " property is reserved, and its usufruct appropriated, for the benefit of specific individuals, or for a general charitable purpose ; the corpus becomes inalienable ; estates for life in favor of successive beneficiaries can be created " and " without regard to the law of inheritance or the rights of the heirs ; and continuity is secured by the successive appointment of trustees or mutawillis.
Diệm did not trust Thiệu's predecessor, Nguyễn Đức Thắng, but Thiệu's appointment proved to be a mistake.
When William left for Ireland in June 1690 Marlborough became commander of all troops and militia in England, and was appointed a member of the Council of Nine to advise Mary on military matters in the King's absence ; but she made scant effort to disguise her distaste at his appointment" I can neither trust or esteem him ," she wrote to William.
Villepin's aim was therefore to restore the French people's trust in their government, an achievement for which he publicly set himself a deadline of a hundred days from the appointment of cabinet.
The President of the Commission will also have to earn the personal trust of Parliament, which will give him the authority to lay down the Commission's policy guidelines and play an active part in choosing the Members of the Commission by deciding on their appointment by common accord with the national governments.
He declined appointment as assistant attorney general of Texas in 1892, and an appointment to the state bench in 1896, but " gained experience as a trust prosecutor as a special counsel for the state of Texas ".
His intelligent activity in political affairs led to his being honored by election or appointment to various positions of trust and responsibility.
This appointment was an honour for Filelfo as a man of trust and general ability, and gave him the opportunity of acquiring the most coveted of all possessions at that moment — a scholar's knowledge of the Greek language.
Upon death, the trust controls how and when assets are used and distributed ; this can be a substitute for appointment of a legal guardian or conservator to handle assets inherited by young children or others unable to act on their own behalf.
Generally speaking, the TIA requires the appointment of a suitably independent and qualified trustee to act for the benefit of the holders of the securities, and specifies various substantive provisions for the trust indenture that must be entered into by the issuer and the trustee.
However, he does not trust the leadership of his niece Cersei and will only take the appointment if she returns to Casterly Rock and gives him the regency.
The holder of a power of appointment differs from the trustee of a trust in that the former has no obligation to manage the property for the generation of income, but need only distribute it.
It is a trust that qualifies for the marital deduction, provided that the surviving spouse is given the income at least annually and the surviving spouse has a general power of appointment over the trust property remaining at his death.
Special powers of appointment also appear in the context of a trust and are primarily used to reduce liability for generation-skipping transfer tax, or to provide asset protection trust features without fraudulent conveyance liability.
This appointment was a befitting tribute because he is not only a visionary and honest leader but also an intellectually sound emir who carries with him the trust of his followers.

trust and often
He gets people to trust his judgment very easily and has a good, often wisecracking, sense of humor.
Informal usage of faith can be quite broad, including trust or belief without proof, and " faith " is often used as a substitute for " hope ", " trust " or " belief ".
It is not often recognized that in his earlier work on the " Sea clocks " Harrison was continually assisted both financially and in many other ways by George Graham, the watchmaker and instrument maker who lent him a large sum on the basis of trust even after Harrison's first visit to Graham in 1728 to explain how his timekeeper worked.
In language similar to his description of the Mescalero Apache, Carleton ordered Carson to lead an expedition against the Navajo, and to say to them, " You have deceived us too often, and robbed and murdered our people too long, to trust you again at large in your own country.
Biblical scholar F. F. Bruce has said " the evidence for our New Testament writings is ever so much greater than the evidence for many writings of classical authors, the authenticity of which no one dreams of questioning ... It is a curious fact that historians have often been much readier to trust the New Testament records than have many theologians.
Personal property can often be secured with similar kind of device, variously called a chattel mortgage, trust receipt, or security interest.
# a written trust instrument created by the settlor and signed by both the settlor and the trustees ( often referred to as an inter vivos or " living trust ");
Therefore, often a trust document will state specifically that trustees are entitled to reasonable payment for their work.
Because trusts often have multiple characteristics or purposes, a single trust might accurately be described in several ways.
For example, a living trust is often an express trust, which is also a revocable trust, and might include an incentive trust, and so forth.
A directed trustee's role often includes: following distribution and investment instructions, holding legal title to the trust assets, providing fiduciary and tax accounting, coordinating trust participants and offering dispute resolution among those participants.
For a living trust, the grantor / settlor will often retain some level of relevance to the trust, usually by appointing him-or herself as the trustee and / or as the protector under the trust instrument ( in jurisdictions where protectors are recognised ).
From 1933 to 1939, even as he greatly expanded the scope of the federal government's policies and powers in response to the Great Depression, Roosevelt muddled through: his " brains trust " of top advisers, although working directly for the President, often were appointed to vacant positions in agencies and departments, whence they drew their salaries since the White House lacked statutory or budgetary authority to create new staff positions.
In Plato's Phaedo, Socrates defines the misanthrope in relation to his fellow man: " Misanthropy develops when without art one puts complete trust in somebody thinking the man absolutely true and sound and reliable and then a little later discovers him to be bad and unreliable ... and when it happens to someone often ... he ends up ... hating everyone.
It is widely believed that Henry VIII often spoke to Anne as a friend, and that she advised him on many matters during their friendship and his reign, especially where matters of trust were raised amongst his council.
This gives a sense of trust and equality, which people search for in a relationship, and this is often easier to achieve online than face to face, although not all disclosures are responded to positively.

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