ABSTRACT

What is meant by the complete constitution of an express trust? The complete constitution of a trust is explained by looking at examples based on the following scenario.

In fact, there are two ways of completely constituting a trust. The usual way is stated in the above example, i.e. Sam, the settlor, vests legal title to the trust property in the trustees. The other way is for the settlor to declare himself trustee. Both these methods are considered in greater detail below.