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| TITLE | Supreme Court Decision 2022Da307294 Decided April 16, 2024 【Ownership Transfer Registration】 [full Text] |
|---|---|
| Summary | |
| 【Main Issues and Holdings】 Under a will-substitute trust contract, where a beneficiary before a truster dies is designated as a truster, and the sole beneficiary after the truster dies is designated as a trustee, whether the part where the sole beneficiary after the truster dies is designated as the trustee violates the Trust Act and thus should be null and void (affirmative) and, in such a case, whether the remaining part should be deemed effective (valid in principle) Where a trust regarding the part related to a trust for own interest that was effective during the lifetime of the truster is terminated due to the death of the truster, a legal relation regarding the devolvement of the remaining property thereof | |
