An implied trust is an element of
trust law
A trust is a legal relationship in which the holder of a right gives it to another person or entity who must keep and use it solely for another's benefit. In the Anglo-American common law, the party who entrusts the right is known as the " sett ...
, and refers to a trust that has not been "expressly created by the settlor."
There are two types of implied trust:
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Resulting trust
A resulting trust is an implied trust that comes into existence by operation of law, where property is transferred to someone who pays nothing for it; and then is implied to have held the property for benefit of another person. The trust property ...
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Constructive trust
References
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Common law
Wills and trusts
Equity (law)
Inheritance