SurfWax News Index  |  Track News  |  Save/Exchange Information |  About Us News and Articles on Resulting Trust What is a Trust?  Feb 29, 2008 Furthermore in some jurisdictions the courts have endorsed the concept of a resulting trust on money paid to a contractor for the benefit of his/her employees to the extent of their unpaid wages. Other than situations where trust like relationships are deemed to arise as a matter of law, trusts are generally set up as a means of avoiding taxes. (Suite101.com) Spokane Parishes Can't Be Sold to Repay Victims  Jun 17, 2006 Shaun Cross, a lawyer for the , praised the ruling, saying the parishes paid for their own land and operating expenses "and held a resulting trust.". (Story continues below). (FOX29.com, PA) Fort Lauderdale moves to help middle class by expanding housing subsidies  Feb 22, 2006 If developers opt to pay fees rather than build affordable housing, the city could use the resulting trust fund to give buyers second mortgages. The money could also be used to make down payments, help landowners fix up rental properties or buy land to help subsidize entire projects. (Sun-Sentinel.com) Back to Law News [ Terms Of Use | Privacy | About ] ©1998-2008 SurfWax, Inc. All rights reserved. Patents pending. Copyright SurfWax, Inc. 2008