This class was created by Brainscape user Celine Deeb. Visit their profile to learn more about the creator.
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Celine Deeb
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Decks in this class (22)
Introduction to the trust
What is a trust,
What is a trustee,
What is a beneficiary
13
cards
Express trust: Introduction to the requirements
What is a self declaration of trust,
Transfer on trust,
What are the requirements of crea...
3
cards
Express trust: Beneficial entitlement
What is the beneficiary principle,
What is a fixed trust,
What is a discretionary trust
12
cards
Express trust: The three certainties
The first condition to create an express trust
20
cards
Express trust: Formalities and constitution - Inter vivos trusts
What do we mean by formalities an...,
The formalities for the declarati...,
Non compliance with s5
17
cards
Purpose trusts: Introduction to the requirements
What is a purpose trust,
What is a charitable trust,
Who can enforce a charitable trust
8
cards
Purpose Trusts: Charitable trusts
What are the requirements to have...,
1st requirement a charitable purpose,
2nd requirement public benefit
10
cards
Purpose trusts: Non-charitable trusts
What are the endacott exceptions,
Trusts for the maintenance of par...,
Trusts for the erection and maint...
7
cards
Perpetuity
What is a perpetuity clause,
What is an express perpetuity clause,
What are legal perpetuity rules
9
cards
Resulting/Implied trust
What is a resulting trust,
When do we have resulting trusts,
What is an automatic resulting trust
10
cards
Family homes: Stack v Dowden
Trusts for the family home,
Preliminary considerations how do...,
Preliminary considerations legal ...
17
cards
Family homes: Proprietary estoppel
What is a proprietary estoppel,
When do proprietary claims arise,
What
8
cards
The fiduciary relationship
When do we have fiduciary relatio...,
What are the two key fiduciary du...,
What is the conflict of self dealing
7
cards
Trustees: Appointment and removal
Difference between trustees in te...,
What is the process of appointing...,
What is the process of appointing...
10
cards
Trustees powers and duties: Administrative powers
Where are the trustees powers an ...,
What is the difference between ad...,
What are administrative powers
8
cards
Trustee powers and duties: Dispositive powers and duties
What are dispositive duties,
What are the three circumstances ...,
What are the trustee duties to di...
5
cards
Dispositive powers: Power of advancement
What is the power of advancement,
What do we mean by advancement,
When can the statutory power of a...
7
cards
Dispositive powers: Power of maintenance
What is the statutory power of ma...,
When is the statutory power of ma...,
What do we mean by maintenance ed...
5
cards
Liabilities of trustees
When does a trustee breach their ...,
How can trustees act outside thei...,
How can trustees act outside thei...
17
cards
Protection of trustees
How do we protect trustees from t...,
What is trustee liability insurance,
Protecting trustees during admini...
16
cards
Equitable remedies
What are the two categories of eq...,
Remedies for the trues,
When can we use following tracing...
12
cards
Liability of strangers
What are two key claims that can ...,
1st claim what is accessory liabi...,
What are the requirements to prov...
7
cards
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Trust law
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