constructive trust Antonyms
No Synonyms and anytonyms found
Meaning of constructive trust
constructive trust (n)
a trust created by a court (regardless of the intent of the parties) to benefit a party that has been wrongfully deprived of its rights
constructive trust Sentence Examples
- In legal terms, a constructive trust arises when a person is obliged to hold property for the benefit of another.
- A court may impose a constructive trust to prevent unjust enrichment or fraudulent conduct.
- Constructive trusts are often established when a person wrongfully acquires property that rightfully belongs to another.
- The settlor of a trust may designate a trustee to hold assets for the beneficiaries, creating a constructive trust relationship.
- Constructive trusts can be implied by the courts to remedy a situation where one party has been unjustly enriched at the expense of another.
- When a fiduciary breaches their duty, a constructive trust may be imposed to restore the rightful owner's interests.
- Constructive trusts are equitable remedies designed to prevent unfairness or unconscionable behavior in property matters.
- In cases of fraud or undue influence, a court may impose a constructive trust to ensure the proper distribution of assets.
- The beneficiaries of a constructive trust have an equitable interest in the trust property, even if they are not named explicitly in the trust document.
- Understanding the principles of constructive trusts is essential for ensuring fair and just outcomes in matters of property ownership and distribution.
FAQs About the word constructive trust
a trust created by a court (regardless of the intent of the parties) to benefit a party that has been wrongfully deprived of its rights
No synonyms found.
No antonyms found.
In legal terms, a constructive trust arises when a person is obliged to hold property for the benefit of another.
A court may impose a constructive trust to prevent unjust enrichment or fraudulent conduct.
Constructive trusts are often established when a person wrongfully acquires property that rightfully belongs to another.
The settlor of a trust may designate a trustee to hold assets for the beneficiaries, creating a constructive trust relationship.