Trust deed

Definition and stakes

Portrait of Alexander Maclaren Alexander Maclaren,  Expositions of Holy Scripture: Isaiah and Jeremiah

“ And that is the trust of the Old Testament, the faith of the New—the simple act of reliance, going out of myself to find the basis of my being, forsaking myself to touch and rest upon the ground of my security, passing from my own weakness and laying my trembling hand into the strong hand of God, like some weak-handed youth on a coach-box who turns to a stronger beside him and says: 'Take thou the reins, for I am feeble to direct or to restrain.' Trust is reliance, and reliance is always blessedness. ”
Source: Gutenberg

Portrait of Frederic Jesup Stimson Frederic Jesup Stimson,  “Trusts” (1887)

“ Now, generally, it will be impossible to define, with any degree of accuracy, what the objects of the trust are to be; and it is always impossible to define the duties of the trustees and the methods to be employed by them in managing their business. ”
Source: Wikisource

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