INVOLUNTARY TRUST
(noun)Definitions
There is 1 meaning of the phrase
Involuntary Trust.
Involuntary Trust - as a noun
A trust created by a court (regardless of the intent of the parties) to benefit a party that has been wrongfully deprived of its rights
Synonyms (Exact Relations)
constructive trustExample Sentences
"The court established an involuntary trust to protect the assets of the minor children."
"The deceased's will created an involuntary trust for the care of their beloved pets."
"After the financial scandal, the company's funds were placed in an involuntary trust."
"The involuntary trust was formed to manage the assets of the bankrupt corporation."
"The court decided to impose an involuntary trust to prevent misuse of the funds."
