5 articles
Charitable trust
Charitable trust: a common law trust dedicated to a public charitable purpose rather than named beneficiaries, perpetual and exempt from the Rule Against Perpetuities, enforced by the Attorney General, and modified under cy pres when its purpose fails.
Maxims of equity
Maxims of equity: short pithy statements (equity follows the law; clean hands; equity acts in personam) of principles running through Chancery equity, guiding principles rather than binding rules, first collected in 1728 and contested today.
Trust (law)
Trust (law): a fiduciary arrangement in which a settlor transfers assets to a trustee holding legal title for a beneficiary, originating in medieval English uses and recognized internationally under the 1985 Hague Trusts Convention.
Trustee
Trustee: person or corporation holding legal title to trust property for beneficiaries under fiduciary duties of loyalty, care, and impartiality; also board members and US township trustees. Distinct from executors and agents.
Waqf (وقف)
Waqf (وقف, plural awqaf; also habs) is the Islamic perpetual charitable endowment: property made inalienable, its usufruct dedicated to religious or charitable purposes, historically the main provider of education, healthcare, and welfare across Muslim societies.