M Civ JI 179.02 Trust Contests: Definitions

A trust is a fiduciary relationship with respect to property. The person with title to the property has certain duties to hold and deal with the property for the benefit of another person. The person who has the duties is called the trustee.

Comment

MCL 700.1107(n). MacKenzie v Union Guardian Trust, 262 Mich 563 (1933). Restatement Trusts, 2d, § 2.

History

M Civ JI 179.02 was added June 2011.​