| 单词 | Testamentary trust |
| 释义 | 遺囑性質的信託 A trust created by will or codicil and not inter vivos. There are two types of testamentary trust: ‘fully secret’ and ‘half secret’. A secret trust is created where the testator makes a gift to a trustee without stating in the will that he is to hold it on trust, and the trustee has accepted the obligations to do so (Snowden (decd), Re, Smith v Spowage [1979] Ch 528, 2 All ER 172); while the gift in a half secret trust is given by will to the trustee with an express direction that he is to hold upon trust, but the particular trust is not disclosed in any testamentary document (Blackwell v Blackwell [1929] AC 318 (HL)). See also Half-secret trust; Secret trust. |
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