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Trusts

This class was created by Brainscape user Olivia Brightling. Visit their profile to learn more about the creator.

By: Olivia Brightling
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Decks in this class (16)

1) Intro
What is a trust 1,
Property component of a trust can...,
What can be held on trust 3
70  cards
2) Creation
The beneficiary principle 1,
Exceptions to the beneficiary pri...,
Certainty of objects 3
35  cards
3) Beneficial Entitlement
What are the two key components o...,
What are the two types of rights ...,
What are the two principles that ...
103  cards
4) The Three Certainties (4.4 so far)
Trustees of discretionary trusts ...,
The is is not test 2,
Conceptual certainty 3
64  cards
5) Formalities and Constitution
Formalities 1,
Rights of a legal owner 2,
Gift 3
118  cards
6) Purpose Trusts
Charitable purpose trusts 1,
Non charitable purpise trusts 2,
Why aren t charitable purpose tru...
134  cards
7) Perpetuity
Can trusts be permanent arrangeme...,
Which trusts can last indefinitely 2,
Which rule allows a trust to end 3
36  cards
8) Resulting Trusts
Why are resulting trusts so named 1,
When do resulting trusts conventi...,
What type of trust arises where 3
40  cards
9) Family Homes
When are disputes as to the benef...,
On divorce or dissolution of a ci...,
What is a common law marriage 3
149  cards
10) Trustees - to complete
Blank 1
1  cards
11) Trustee powers and duties - ADVANCEMENT
Trustee powers 1,
Trustee duties 2,
Fiduciary duties 3
79  cards
12) Fiduciary Relationship
How can a trustee beneficiary rel...,
What is the distinguishing featur...,
Examples of fiduciary relationshi...
26  cards
13) Liability of trustees
Examples of breach 1,
Breach of trust 2,
Breach of fiduciary duty 3
64  cards
14) Protection of Trustees - NEED TO DO MISSING BENEFICIARIES
Methods of protecting trustees fr...,
Ouster clause 2,
Exemption clause 3
14  cards
15) Equitable Remedies and Tracing
0  cards
16) Liability of Strangers
When might it not be possible to ...,
Liability of strangers 2,
In practice who are claims for ac...
28  cards

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Trusts

  • Class purpose General learning

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