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LSDefine

Simple English definitions for legal terms

Trust Intent

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A quick definition of Trust Intent:

Trust Intent: Trust intent is when someone wants to create a trust. This is important for a trust to exist, along with having something to put in the trust (like money or property), someone to manage it (called a trustee), and people who will benefit from it (called beneficiaries).

A more thorough explanation:

Definition: Trust intent refers to the intention of the person creating a trust (known as the settlor) to establish a trust. It is a necessary element of an express trust, which also requires trust property, a trustee, and identifiable beneficiaries.

Example: John wants to ensure that his children are taken care of after he passes away. He creates a trust and transfers ownership of his property to the trust. In doing so, John demonstrates his trust intent by clearly indicating his intention to create a trust for the benefit of his children.

Explanation: In this example, John's trust intent is evident in his actions. By transferring ownership of his property to the trust, he is demonstrating his intention to create a trust. This is a necessary element of an express trust, which requires the settlor to have a clear intention to create a trust for the benefit of others.

trust instrument | trust merger

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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