受益人保留衡平法上的所有权(Equitable Title)，也就是有权按照信托里的规定受益于财产。设立人可能仍保留对财产的控制。
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the equitable title 股份的衡平法权利 ; 衡平法权力
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In the countries of Anglo-American Law System, the trustee has the legal title of the trust property, while the beneficiary has the equitable title of it.
对于信托财产，英美法系赋予受托人“普通法上的所有权”和受益人“衡平法上的所有权”，其原因在于英美法系普通法与衡平法的分野。
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At the time the actual demolition and cleanup work took place with respect to the property, petitioners were possessors of equitable title.
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