Cestui Que

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Cestui que (also cestuy que) is a shortened version of "cestui a que use le feoffment fuit fait," literally, "The person for whose use the feoffment was made." It is a Law French phrase of medieval English invention, which appears in the legal phrases cestui que trust, cestui que use, or cestui que vie. Cestui que use and cestui que trust are more or less interchangeable terms. In some medieval literature, the phrase is seen as cestui a que. The "cestui que use" is the person for whose benefit the trust is created. The "cestui que trust" is the person entitled to the equitable, as opposed to the legal, estate. Thus, if land is granted to the use of A. in trust for B., B. is cestui que trust, and A. trustee, or use. The cestui que use and trust were rooted in medieval law, and became a legal method to avoid the feudal (medieval) incidents (payments) to an overlord, while leaving the land for the use of another, who owed nothing to the lord. The law of cestui que tended to defer jurisdiction to courts of equity as opposed to common law courts.

Klappentext

Cestui que (also cestuy que) is a shortened version of "cestui a que use le feoffment fuit fait," literally, "The person for whose use the feoffment was made." It is a Law French phrase of medieval English invention, which appears in the legal phrases cestui que trust, cestui que use, or cestui que vie. Cestui que use and cestui que trust are more or less interchangeable terms. In some medieval literature, the phrase is seen as cestui a que. The "cestui que use" is the person for whose benefit the trust is created. The "cestui que trust" is the person entitled to the equitable, as opposed to the legal, estate. Thus, if land is granted to the use of A. in trust for B., B. is cestui que trust, and A. trustee, or use. The cestui que use and trust were rooted in medieval law, and became a legal method to avoid the feudal (medieval) incidents (payments) to an overlord, while leaving the land for the use of another, who owed nothing to the lord. The law of cestui que tended to defer jurisdiction to courts of equity as opposed to common law courts.

Weitere Informationen

  • Allgemeine Informationen
    • GTIN 09786130094515
    • Editor Frederic P. Miller, Agnes F. Vandome, John McBrewster
    • Sprache Englisch
    • Genre Psychologie
    • Größe H220mm x B150mm x T5mm
    • Jahr 2009
    • EAN 9786130094515
    • Format Fachbuch
    • ISBN 978-613-0-09451-5
    • Titel Cestui Que
    • Untertitel Law French, Equity (law), Statutes of Mortmain, Power of attorney, Statute of Uses, Henry VIII of England, Rule against perpetuities, Cy- pres doctrine, Beneficiary (trust)
    • Gewicht 130g
    • Herausgeber Alphascript Publishing
    • Anzahl Seiten 76

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