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Cestui |
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CESTUI. He. This word is frequently used in composition as, cestui que trust, cestui que vie, &c. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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adverse possession beneficial beneficiary Cestui Que Cestui que trust Cestui que use Cestui que vie Dred Scott v. Sandford Equitable estate incompatibility legal Pernor of profits Rescission of a contract right Special occupant Statute of Uses trust trustee use | If a landholder feared that, for whatever reason, his estate was in danger of being seized by his feudal lord or by the crown, he could first convey his estate to a trusted friend (technically a feoffee) and then designate another party, usually the children or family members who would be dispossessed, as the beneficiary of the use (technically a cestui que use). 9) A BRIEF HISTORY OF THE LAW OF TRUSTS Modern English and American trust doctrines can be traced back to the English use: a general trust concept that "entailed the transfer of legal title (enfeoffment) to a person who was to hold the property (the feoffee to uses) for the benefit of another (the cestui que use). Courts have analogized the rights of mutual policyholders to a cestui que trust in that legal title to the corporate property is vested in the company but is devoted solely to providing life insurance at cost for the benefit of policyholders. |
Cestui |
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