TRUSTS
A trust is a relationship, not a container. Somebody transfers property to somebody else to hold for the benefit of a third person — or for a purpose. The law of trusts is the law of that relationship: who holds, what they hold, for whom, and what they must do.
Filled nodes link to wiki entries. Outlined nodes are stations on this line — wiki entries coming.
Interchange means the concepts are related — not that the domains or concepts are legally identical.
Trust property is a form of property — but the trust relationship determines who holds legal title and who holds beneficial interest.
The trustee acts in a fiduciary capacity. Capacity and authority determine what the trustee may do.
Trusts are frequently used as succession instruments alongside or instead of wills.
Business entities can serve as trustees. Trusts can hold business interests.
Sci-Finance™ analytical concepts — not governing-law terminology.
Who are the parties? What did they intend? What is the purpose? What is the subject matter?
What is the trust property? What interests exist inside it?
Is the trustee near the property — or does the trustee hold legal title to it?
In which capacity is the trustee acting for this particular act?
What actually authorizes the trustee's act — the instrument, statute, or court order?
Vel Xenon LII provides general legal information and educational material, not individualized legal advice. Law varies by jurisdiction and changes over time. Consult the underlying authorities and, when appropriate, a qualified professional for advice concerning a particular situation.