Trust that is implied by law from the acts of the parties, e.g., when money is furnished by one party, but title is taken in the name of another party for convenience.
a trust created by a court when it is judged that it was the intention of the parties to create a trust
a creature of equity, and can be enforced in a court of chancery only
a particular case of an implied trust, in which the beneficial interest reverts to the settlor or his estate
a trust created from the implied intent of the settlor
trust that is presumed by the court from certain situations. Similar to a constructive trust but for resulting trusts, the court presumes an intention to create a trust; the law assumes that the property is not held by the right person and that the possessor is only holding the property "in trust" for the rightful owner. In constructive trusts, the courts don't even bother with presuming an intention; they simply impose a trust from the facts.
An arrangement whereby property is transferred to a trusted third party (trustee) by a grantor (trustor). The trustee holds the property for the benefit of another (beneficiary).
A resulting trust is a trust whose property "results" back to the settlor. In this instance, the word result is synonymous with "revert".
