Trusts Based on Oral Promises to Hold in Trust to Convey or to Devise Made by Voluntary Grantees
Costigan Jr, George P
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Abstract
Where a grantor conveys without consideration other than the grantee's pronise to hold in trust for, or to reconvey or to devise to, the grantor. The situations heretofore considered have all dealt with conveyances on an oral trust for, or oral promise to convey or to devise to, some one other than the grantor. Is the case of a conveyance where the oral promise is for the benefit of the grantor essentially any different? A correct answer to that question necessitates a brief historical consideration of the origin of uses and trusts.