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

Decks in this class (16)

Introduction
What are the two key components o...,
What is property component,
What respective interests do a tr...
12  cards
Creation and Requirements of an Express Trust
What is an express trust,
What two ways can a settlor creat...,
What is required for a self decla...
11  cards
Beneficial Entitlement
Why must a trust have a beneficiary,
Why must a trust have certainty o...,
What is a fixed trust
28  cards
The Three Certainties
What is certainty of intention,
What is the necessary intention,
How can a person s intention towa...
36  cards
Formalities and Constitution
What is meant by the formalities ...,
What is meant by the formalities ...,
When will a testamentary trust be...
25  cards
Purpose Trusts
Why are charitable trusts not voi...,
Is a charity a legal form or stru...,
What are the benefits of charitab...
33  cards
Perpetuity
What is the only kind of trust th...,
Can an express clause extend the ...,
What trusts do the statutory rule...
11  cards
Resulting Trusts
What are resulting trusts,
When do automatic resulting trust...,
What is the result of an automati...
14  cards
Family Homes
When are disputes as to beneficia...,
Why are disputes as to the benefi...,
When do trusts become important i...
49  cards
Trustees
Is the office of trustee voluntary,
Can trustees be remunerated for t...,
Where there are multiple trustees...
34  cards
Trustee Powers and Duties
How can trustee powers and duties...,
What are the sources of trustee p...,
What are administrative powers an...
58  cards
The Fiduciary Relationship
What is a fiduciary relationship,
What are examples of fiduciary re...,
What are the two key fiduciary du...
24  cards
Liability of Trustees
What questions should be asked in...,
What are examples of acting outwi...,
What happens if a trustee has mis...
34  cards
Protection of Trustees
What is the easiest way for to av...,
How can an ouster clause in the t...,
How can an exemption clause in th...
24  cards
Equitable Remedies and Tracing
What is the nature of equitable r...,
What options do beneficiaries hav...,
What are the principal advantages...
32  cards
Liability to Strangers
What are the two key claims that ...,
Is it wise to bring alternative c...,
What is accessory liability disho...
24  cards

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Trusts Law

  • Class purpose General learning

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