This section is from the book "Popular Law Library Vol7 Equity Jurisprudence, Trusts, Equity Pleading", by Albert H. Putney. Also available from Amazon: Popular Law-Dictionary.
Trusts are classified in a number of different ways. The most important classification is that into express and implied trusts. Implied trusts are subdivided into resulting and constructive trusts.1
Other classifications are into active trusts and passive trusts; into executed and executory; and into private and charitable.
© 2007-2021 StasoSphere.com