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honorary trust
noun
(law)
A
device
by
which
a
person
establishes
a
trust
for
which
there
is
neither
a
charitable
purpose,
nor
a
private
beneficiary
to
enforce
the
trust
(such
as
a
trust
for
the
care
of
pets
or
maintenance
of
cemetery
plots),
for
which
trustee
is
bound
by
honor,
but
not
by
law,
to
carry
out
the
wishes
of
the
trustor.
remainder trust
noun
resulting trust
noun
constructive trust
noun
trust fund
noun
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