Trusts & Estates Law

A trust is the right of property either personal or real that is held by one party in order to benefit another. The idea of trusts can be dated back to the early part of the 1500s when landowners in England found that conveying the legal title for their land to a third party and still retaining the benefits of owning the land was advantageous as wealth was generally measured by the amount of land that was owned and thus this made them immune from creditors.