​KembaraXtra – Legal Terms – Mixed Fund


A mixed fund is a fund consisting of money derived from both real property and personal property.


Such funds commonly arise in estates and trusts where proceeds from different categories of assets are combined together.


Questions may then arise regarding how the money should be distributed among beneficiaries with different rights or interests.


The administration of mixed funds often requires careful accounting to identify the source and nature of the assets involved.


Equitable principles may be applied by courts to resolve disputes concerning entitlement to the fund.