What was the first trust in the The U.S.?

The first express trust in the United States was established in 1838 by the Massachusetts Supreme Judicial Court in the case of Will of Hill v. Will of Merrick.

In the case of Will of Hill v. Will of Merrick, the Massachusetts Supreme Judicial Court established the concept of an express trust in the United States. The case involved a dispute between two families over the ownership of certain real estate. The court determined that the deceased owner had created an express trust in favor of his children, rather than leaving the property to his wife as provided for in his will. This ruling established that an express trust could be created by an individual for specific purposes and that the trust would be legally binding and enforceable. The case established the principle that trusts could be created for the benefit of others, and set the foundation for the development of modern trust law in the United States.