An implied trust is an element of
trust law
A trust is a legal relationship in which the owner of property, or any transferable right, gives it to another to manage and use solely for the benefit of a designated person. In the English common law, the party who entrusts the property is k ...
, 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
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Constructive trust
References
Common law
Wills and trusts
Equity (law)
Inheritance
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