Examlex
__________ analysis focuses on the outputs rather than the inputs.
Settlor
The individual who creates a trust by legally transferring assets into it, setting the terms for its management and distribution.
Revoke
To take back or withdraw an offer, right, or privilege.
Resulting Trust
A trust implied by law when property is transferred under circumstances suggesting the transferor does not intend the recipient to have beneficial interest in the property.
Express Trust
A trust created either while the settlor is alive or by will.
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