Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
active trust
A trust in which the trustee has some affirmative duty of management or administration besides the obligation to transfer the property to the beneficiary. -Also termed special trust. Cf. passive trust.
active trust.
See TRUST.
express active trust
An active trust created under a will that confers upon the executor authority to generally manage the estate property and pay over the net income to the devisees or legatees.