voidable trust
Definition
Trust that was created under duress, or by mistake or fraud, and can be set aside until it is either repudiated or becomes valid. For example, a trust created by a person below the age of 18 (called an infant in the UK and a minor in the US) is a voidable trust. However, if on reaching maturity, that person does not repudiate the trust, it automatically becomes a valid trust. See also void trust.
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