English Explanatory Dictionary

honorary trust

English dictionary entry

Meanings

noun
  1. A device by which a person establishes a trust for which there is neither a charitable purpose, nor a private beneficiary to enforce the trust (such as a trust for the care of pets or maintenance of cemetery plots), for which trustee is bound by honor, but not by law, to carry out the wishes of the trustor.

Word forms

honorary trust honorary trusts
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