constructive trusts Flashcards

1
Q

constructive trust

A

not a trust just preventing unjust enrichment

result - trnasfer the property to the intended beneficiary as determined by court

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2
Q

how constructive trust arises

A
  1. trustee of a private express truste or chartible trust makes profit at the expense of the beneficiary because of self dealidng
  2. wills - fraud in the inducemenbt or undue influence
  3. secret trusts in the law of wills - the will on its face makes a gift outright to A, but the gift is given on the basis of an oral promise by A to use the property for benefit of B (semi secret trust not make you dispose of but secret trust make you constructive trust that B)
  4. oral real estate trust - basically ou transfer to A for B but deed doesn’t say you’re the trustee. How do you defeat SOF
    a. fiduciary relationship between S and A.
  5. fraud in the inducement
    c. detrimental reliance -
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