Juridical Dictionary

This dictionary contains:
8526
juridical terms

Cestui que trust






Cestui que trust

A barbarous phrase, to signify the beneficiary of an estate held in trust. He for whose benefit another person is enfeoffed or seised of land or tenements, or is possessed of personal property.

RELATED TERMS
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Beneficiary
A broad definition for any person or entity who is to receive assets or profits from an estate, a trust, an insurance policy or any instrument in which there is distribution.

Estate
A right or interest in property or the property of a deceased person.

Trust
Contracts, devises. An equitable right, title or interest in property, real or personal, distinct from its legal ownership; or it is a personal obligation for paying, delivering or performing anything, where the person trusting has no real. right or security, for by, that act he confides altogether to the faithfulness of those intrusted. This is its most general meaning, and includes deposits, bailments, and the like. In its more technical sense, it may be defined to be an obligation upon a person, arising out of a confidence reposed in him, to apply property faithfully, and according to such confidence.

Benefit
This word is used in the same sense as gain and profits.

Person
This word is applied to men, women and children, who are called natural persons.

Possessed
This word is applied to the right and enjoyment of a termor or a person having a term, who is said to be possessed, and not seized.

Personal
Belonging to the person.

Property
Property is commonly thought of as a thing which belongs to someone and over which a person has total control. But, legally, it is more properly defined as a collection of legal rights over a thing. These rights are usually total and fully enforceable by the state or the owner against others. It has been said that "property and law were born and die together. Before laws were made there was no property. Take away laws and property ceases." before laws were written and enforced, property had no relevance. Possession was all that mattered. There are many classifications of property, the most common being between real property or immoveable property (real estate such as land or buildings) and "chattel", or "moveable" (things which are not attached to the land such as a bicycle, a car or a hammer) and between public (property belonging to everybody or to the state) and private property.



SIMILAR TERMS
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Cestui
He. This word is frequently used in composition as, cestui que trust, cestui que vie.

Cestui que trust or cestui que use
The formal Latin word for the beneficiary or donee of a trust.

Cestui que use
He to whose use land is granted to another person the latter is called the terre-tenant, having in himself the legal property and possession;

Cestui que via
He for whose life - land is held by another: he whose life measures the duration of an estate.

Cestui que vie
He for whose life land is holden by another person; the latter is called tenant per auter vie, or tenant for another's life.



PREVIOUS AND NEXT TERMS
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Cesset executio
The staying of an execution.

Cesset processus
Practice. An entry made on the record that there be a stay of the procas or proceedings.

Cessio bonorum
Civil law. The relinquishment which a debtor made of his property for the benefit of his creditors

Cession
1) Civil law. The act by which a party assigns or transfers property to a other; an assignment. 2) contracts. Yielding up; release. 3) Ecclesiastical law. When an ecclesiastic is created bishop, or when a parson takes another benefice, without dispensation, the first benefice becomes void by a legal cession, or surrender.

Cestui
He. This word is frequently used in composition as, cestui que trust, cestui que vie.

Cestui que trust

Cestui que trust or cestui que use
The formal Latin word for the beneficiary or donee of a trust.

Cestui que use
He to whose use land is granted to another person the latter is called the terre-tenant, having in himself the legal property and possession;

Cestui que via
He for whose life - land is held by another: he whose life measures the duration of an estate.

Cestui que vie
He for whose life land is holden by another person; the latter is called tenant per auter vie, or tenant for another's life.

Ceteris paribus
(United Kingdom) Other things being equal.

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This dictionary contains 8526 terms.