See Also: MINISTERIAL TRUSTS(law)
ministerial(dictionary)
ministerial(dictionary)
MINISTERIAL(law)
Layered trusts(finance)
DISCRETIONARY TRUSTS(law)
Irrevocable Trusts(law)
Diversified UTILITY and Energy Trusts(finance)
Unit trusts or mutual funds(finance)

MINISTERIAL TRUSTS (law)


MINISTERIAL TRUSTS. These which are also called instrumental trusts, demand no further exercise of reason or understanding, than every intelligent agent no further exercise of reason or understanding, than every intelligent agent must necessarily employ as to convey an estate. They are a species of must necessarily employ as to convey an estate. They are a species of special trusts, distinguished from discretionary trusts, which necessarily special trusts, distinguished from discretionary trusts, which necessarily require much exercise of the understanding. 2 Bouv. Inst. A. 1896. require much exercise of the understanding. 2 Bouv. Inst. A. 1896.