Legal Definitions - failure of trust

Definition: Failure of trust refers to the invalidity of a trust due to a defect in the instrument creating it or because of its illegality or other legal impediment.

Example: If a trust is created with an invalid or illegal purpose, it may be considered a failure of trust. For instance, if a trust is created to evade taxes or to hide assets from creditors, it may be deemed invalid.

This term is commonly used in legal contexts and may be difficult for a high school student to understand without additional explanation.