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Cest Tui Que Trust

  • Broadcast in Politics
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Ron March.....Cestui Que Vie Act 1666

1666 CHAPTER 11 18 and 19 Cha 2

He for whose benefit another person is seized of lands or tenements, or is possessed of personal property. He who has a right to a beneficial interest in and out of an estate the legal title to which is vested in another. 2 Washb. Real Prop. 163. Judge Story suggests (1 Eq. Jur. § 321) that the word “beneficiary” be substituted for cestui que trust, and this term has come into very general use as such a substitute.

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