This class was created by Brainscape user Colleen Healy18.

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Decks in this class (15)

Background Info
What is equity 1,
Maxims of equity 2,
What is a trust basic definition 3
10  cards
Ch 1 - Declaration of Trusts
Q what are the two key steps requ...,
Q what are the three certainties ...,
Q what is certainty of intention ...
20  cards
Ch 2 - Constitution of Trusts
Blank 1,
What are the two steps required t...,
What does it mean for a trust to ...
73  cards
Ch 3 - Beneficial Entitlement
Q what is a contingent interest g...,
What happens when a beneficiary w...,
What happens if a beneficiary wit...
60  cards
Ch 4 - Charitable and Non-Charitable Trusts
Blank 1,
What is a purpose trust 2,
How do you distinguish between a ...
58  cards
Ch 5 - Resulting Trusts
What is the fundamental differenc...,
When do resulting trusts arise 2,
What are the three main areas cov...
89  cards
Ch 6 - Trusts of the Family Home (Constructive Trusts)
What is the most important asset ...,
When do people typically start co...,
What helps married couples divide...
122  cards
Ch 7 - Appointment, Removal and Retirement of Trustees
Who can be appointed as a trustee 1,
Can a company act as a trustee 2,
How many trustees should a trust ...
38  cards
Ch 8 - Trustee Powers: Maintenance and Advancement
What is the main purpose of trust...,
What are express powers in the de...,
What are the two main statutory p...
40  cards
Ch 9 - Trustees Duties when running a trust
What is the fundamental role of t...,
What is the key difference betwee...,
Even though beneficiaries cannot ...
30  cards
Ch 10 - Trustee Duties: Investment
Why must trustees invest trust fu...,
What are the two main reasons ind...,
What is the law s balanced approa...
30  cards
Ch 11 - Fiduciary Duties
What is the purpose of fiduciary ...,
Define a fiduciary 2,
List the six types of people who ...
45  cards
Ch 12 - Remedies Against Trustees - Personal Claims
What are the two main categories ...,
What is a personal claim define i...,
What is a proprietary claim defin...
79  cards
Ch 13 - : REMEDIES AGAINST TRUSTEES - PROPRIETARY CLAIMS
What are the two types of claims ...,
What are tracing rules and why do...,
What does dissipation mean and wh...
39  cards
Ch 14 - Remedies Against 3rd Parties
Why might beneficiaries need to b...,
What does stranger to the trust m...,
What are the two ways third parti...
52  cards

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Trusts

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