Cestui que trust means literally "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.
This originated in the practice of feoffments to uses, by which the feoffee, who had legal seisin of the land, stood bound by private engagement to suffer another, called the cestui que use, to enjoy its use and possession.
Anyone capable of holding the legal title to property may be a cestui que trust.
Define and distinguish beneficiary of a trust, and cestuique trust.
The cestui que trust can follow and regain trust funds or property, if the latter are conveyed to persons not bona fide purchasers.
The party for whose benefit the trust is created is called the cestui que trust.
If the trustee fails properly to perform his duties, the cestui que trust may bring legal action to have him removed.
After an express trust is completed, it cannot be revoked by mutual agreement between the grantor and trustee without the consent of the cestui que trust.
If A deeds his land to B for the benefit of C, A is the settlor, B is the trustee, and C is the cestui que trust.
A cestui que trust has the right to receive the benefits of the trust estate as outlined in the instrument creating the trust.
A resulting trust is not created by agreement or contract to that effect, but is created by the trustee using money or funds of the cestui que trust in the purchase of property in his own name.
If the beneficiaries are more than one in number, they are termed cestui que trust.
The above list will hopefully give you a few useful examples demonstrating the appropriate usage of "cestui" in a variety of sentences. We hope that you will now be able to make sentences using this word.
