FLK2 Trust Law

This class was created by Brainscape user selina karim.

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Decks in this class (15)

Introduction to the trust *
What are the two key components a...,
Who has ownership of trust proper...,
Benefits of using a trust 3
40  cards
Creation of trusts/ Trust Types*
What is the difference between 1 ...,
What are the 2 methods of creatin...,
What happens on a self declaratio...
19  cards
Express trust: The three certainties*
The first condition to create an express trust
37  cards
Beneficial entitlement
What interest and right does the ...,
What is the beneficiary principle 2,
Why is the certainty of objects i...
50  cards
Overview: Administration of trusts + Role, appointment, and removal + The Fiduciary relationship
Who is the legal owner of trust p...,
How must a trustee exercise their...,
Re trustees what do express trust...
58  cards
Trustees: liability
What is the difference between tr...,
In what 2 ways can ts commit a br...,
What 4 issues must be considered ...
51  cards
Trustees: powers and duties
What is the difference between tr...,
What are the 2 sources of trustee...,
What are the 2 categories of powe...
78  cards
Liability of strangers
What are two key claims that can ...,
1st claim what is accessory liabi...,
What are the requirements to prov...
11  cards
Equitable remedies
What are the two categories of eq...,
Remedies for the beneficiaries mi...,
When can we use the method of fol...
23  cards
Express trust: Formalities
What is the difference between a ...,
Must a settlor comply with specif...,
What is the exception to no forma...
36  cards
Implied Trusts: Resulting trusts
What happens in a resulting trust 1,
In what 3 situations will resulti...,
When will an automatic resulting ...
19  cards
Purpose Trusts
What are the two exceptions to th...,
What are the benefits of trusts h...,
How does the rule against remoten...
53  cards
Implied Trusts: Trusts of the family home
Preface 1,
How is ownership of property deci...,
Can the court reallocate property...
87  cards
Trusts (Underlying Law)
What interest does a beneficiary ...,
To be a valid charitable trust ev...,
What trusts does the rule against...
169  cards
Who Can Bring What Claim?
A fixed beneficiary can bring 1,
Discretionary beneficiary 2,
Objects of a power of appointment 3
3  cards

More about
FLK2 Trust Law

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