A trustee takes legal title to the trust res, which means that the trustee's interest in the property appears to be one of complete ownership and possession, but the trustee does not have the right to receive any benefits from the property. The right to benefit from the property, known as EQUITABLE title, belongs to the beneficiary
Printed copy · Anthology Volume 9, page 802Printed copy from The Tender For Law Anthology, Volume 9, page 802 (printed 13 June 2014). Added by this site; not part of the Facebook export.