What is Active Trust?

Legal Definition
A trust fund where the trustee has active duties. These duties can be handling assets, collections, and sales. AKA special trust. Refer to bare trust.
Legal Definition
One which imposes upon the trustee the duty of taking active measures in the execution of the trust, as, where property is conveyed to trustees with directions to sell and distribute the proceeds among creditors of the grantor; distinguished from a "passive" or "dry" trust.
-- Black's Law Dictionary
Legal Definition
One in which active duties are to be performed by the trustee with reference to the conveyance, evidencing an intention that the primary use of the property shall be in the trustee. See 62 L. R. A. 380.
-- Ballentine's Law Dictionary