Sections Contest Property disposition Common types Other types Governing doctrines In trust law, an express trust is a trust created "in express terms, and usually in writing, as distinguished from one inferred by the law from the conduct or dealings of the parties.
Express trusts are frequently used in common law jurisdictions as methods of wealth preservation or enhancement.
Law generally requires only a simple formality to create an express trust.
Often, a trust corporation or more than one trustee is appointed to allow for uninterrupted administration of the trust in the event of a trustee's resignation, death, bankruptcy or incapacity.
Trust funds can be taxed as legal entities by election ("checking the box").