68-101 Trustees — Power of District Court to Appoint
68-102 Death, Renunciation, or Discharge of Trustee — Survival of Trust
68-103 Compensation of Trustees
68-104 Uniform Trustees’ Powers Act — Definitions
68-105 Powers of Trustee Conferred by Trust or by Law
68-106 Powers of Trustees Conferred by This Act
68-106A Fiduciary Duty to Determine Equivalent Value of Substituted Property
68-107 Trustee’S Office Not Transferable — Transactions Under Chapter 14, Title 26, Idaho Code, Excepted
68-108 Power of Court to Permit Deviation or to Approve Transactions Involving Conflict of Interest
68-109 Powers Exercisable by Joint Trustees — Liability
68-110 Third Persons Protected in Dealing With Trustee
68-111 Application of Act
68-112 Uniformity of Interpretation
68-113 Short Title
68-114 Presentation of a Certification of Trust in Lieu of the Trust Instrument — Effect — Form
68-115 Contents of Certification of Trust
68-116 Dispositive Provisions Not Required — Person Presented With Certification May Request Excerpts From Trust Instrument Designating Trustee
68-117 Reliance On Facts Contained in Certification — Enforceability
68-118 Failure to Demand Certification or Refusal to Accept and Rely On Certification Not Improper Act — Liability
68-119 Applicability
68-120 Doctrine of Worthier Title Inapplicable
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Terms Used In Idaho Code > Title 68 > Chapter 1 - Trusts

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Amortization: Paying off a loan by regular installments.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Executor: A male person named in a will to carry out the decedent
  • Fiduciary: A trustee, executor, or administrator.
  • Grantor: The person who establishes a trust and places property into it.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.
  • Trustor: The person who makes or creates a trust. Also known as the grantor or settlor.