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

Decks in this class (14)

1 & 2 - Introduction and Creation of Trusts
What is equity,
How does equity achieve its purposes,
What are maxims of equity
25  cards
3 - Express Trusts: The Three Certainties
What must a settlor do to create ...,
What is a declaration of trust,
What are the three certainties re...
28  cards
4 - Beneficial Entitlement
Who are the settlor trustee and b...,
What are fixed trusts,
How are fixed trusts held for a s...
19  cards
5 - Express Trust: Formalities
What are the formalities required...,
What is the effect of failing to ...,
What does manifested and proved e...
32  cards
6 - Charitable and Non-Charitable Purpose Trusts
What is a purpose trust and how d...,
What are the validity rules for t...,
What is the rule against perpetui...
35  cards
7 - Implied Trusts: Resulting Trusts
What are implied trusts resulting...,
What happens legally when one per...,
What is the presumption of result...
13  cards
8 - Implied Trusts: Trusts of family home
When unmarried couples separate h...,
How is joint ownership of the fam...,
What should couples do to evidenc...
33  cards
9 - Trustees: Appointment, Removal, and Retirement
What should the settlor consider ...,
What happens if a trustee is no l...,
Who can be a trustee
13  cards
10 - Trustees: Powers & Duties
How do express powers in the decl...,
What types of income might trust ...,
Under section 31 of the ta 1925 w...
42  cards
11 - Trustees: Fiduciary Duties
What is the role and significance...,
Who can be a fiduciary,
What is the core fiduciary duty o...
12  cards
12 - Remedies Against Trustees: Personal Claims
What are the two main categories ...,
What conditions must be met for a...,
How do the circumstances of trust...
28  cards
13 - Remedies Against Trustees: Proprietary Claims
What is a proprietary claim in tr...,
In what circumstances might a pro...,
When might a proprietary claim be...
22  cards
14 - Liability of Strangers to Trusts
How can beneficiaries bring claim...,
What types of equitable claims ca...,
What practical considerations sho...
21  cards
Memorise - Trusts
What are the equitable rights of ...,
What is the difference between ch...,
What are the three certainties
16  cards

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Trusts Law

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