Tag: global

Whereas neither the common law nor civil law methods enable people to separate the ownership from the control of 1 piece of property, equity permits this via an arrangement often known as a trust. Trustees management property whereas the useful, or equitable, ownership of trust property is held by people generally known as beneficiaries. Trustees owe duties to their beneficiaries to take excellent care of the entrusted property. Another instance of a trustee’s duty could be to invest property correctly or sell it. Bolstering or maintaining shopper protections may not be in the public curiosity, chief executive says. A newcomer…Continue Reading