variation of trust
Definition
Departure from the precise terms of trust agreement. Whereas the trustees cannot change any term (and are liable to be sued by the beneficiaries if they do), courts can vary the terms in the interest of the beneficiaries.
variation of trust is in the Corporate, Commercial, & General Law subject.
This content can be found on the following page:
http://www.businessdictionary.com/definition/variation-of-trust.html
email to a friend
print this definition
cite this definition
link to this page







