charitable trust

charitable trust
charitable trust see trust

Merriam-Webster’s Dictionary of Law. . 1996.

charitable trust
A trust whose property must be used for charitable purposes.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.

charitable trust
A trust designed to make a substantial gift to a charity and also achieve income and estate tax savings for the person who creates the trust (the grantor). These trusts are usually set up during the grantor's lifetime and are irrevocable. (See also: charitable lead trust, charitable remainder trust)
Category: Wills, Trusts & Estates → Estate Tax
Category: Wills, Trusts & Estates → Living Trusts & Avoiding Probate

Nolo’s Plain-English Law Dictionary. . 2009.

charitable trust
A trust where the trustees may only use income or capital to benefit charities or charitable purposes. A charity established in England and Wales must generally be registered with the Charity Commission.
For further information, see the Charity Commission website.
Related links

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

charitable trust
=>> trust.

Webster's New World Law Dictionary. . 2000.

charitable trust
The arrangement by which real or personal property given by one person is held by another to be used for the benefit of a class of persons or the general public.

Dictionary from West's Encyclopedia of American Law. 2005.

charitable trust
The arrangement by which real or personal property given by one person is held by another to be used for the benefit of a class of persons or the general public.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

Look at other dictionaries:

  • charitable trust — ➔ trust * * * charitable trust UK US noun [C] ► SOCIAL RESPONSIBILITY a trust (= a legal arrangement to control money or property for a person or an organization) that provides money for a particular charity: »The money raised will go into a… …   Financial and business terms

  • Charitable trust — Wills, trusts and estates …   Wikipedia

  • charitable trust — noun a trust created for charitable or religious or educational or scientific purposes • Syn: ↑public trust • Hypernyms: ↑trust * * * noun : a trust set up for the benefit of the public usually setting out a definite charitable purpose for an… …   Useful english dictionary

  • charitable trust — a trust designed for the benefit of the general public, as for educational or other charitable purposes (opposed to private trust). Also called public trust. [1855 60] * * * …   Universalium

  • charitable trust — A trust set up for a charitable purpose that is registered with the Charity Commission Charitable trusts do not have to pay income tax if they comply with the regulations of the Charity Commissioners …   Big dictionary of business and management

  • charitable trust — One in which property held by a trustee must be used for charitable purposes (advancement of health, religion, etc.). Fiduciary relationship with respect to property arising as a result of a manifestation of an intention to create it, and… …   Black's law dictionary

  • charitable trust — A trust for the benefit of an indefinite class of persons constituting some portion or class of the public or, more broadly defined, a trust limiting property to some public use; a gift in some manner dedicated to the ultimate benefit or… …   Ballentine's law dictionary

  • charitable trust — /tʃærətəbəl ˈtrʌst/ (say charuhtuhbuhl trust) noun a trust for the relief of poverty, the advancement of education, religion, or for other purposes beneficial to the community …   Australian English dictionary

  • Millennium Stadium Charitable Trust — Official logo of the Millennium Stadium Charitable Trust The Millennium Stadium Charitable Trust is a charitable trust based in Wales, which was establish 8 February 2001 and is registered with the Charity Commission. The Trust was established… …   Wikipedia

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