trust corpus
The "body" of the trust (corpus is latin for "body"), this is the property that is transferred into the trust. Also know as the Trust Res.
Definition from Nolo’s Plain-English Law Dictionary
Latin for "the body" of the trust. This term refers to all the property transferred to a trust. For example, if a trust is established (funded) with $250,000, that money is the corpus. Also called the trust res.
Definition provided by Nolo’s Plain-English Law Dictionary.
August 19, 2010, 5:26 pm
