CREATION OF TRUST - resulting trust Flashcards
1
Q
when do resulting trusts arise
A
when there is absence of clear intention, will give effect to what can be presumed
2
Q
westdeutshe case
A
- where a volentarily pays for property vested in b or A and b - premuption it is not a gift but held on trust for A by B
- where a settles an express trsut but the deed does not exhaust the entire interest - property revenrts back to A on trust