Private Express Trust And 3 Certainties Flashcards

1
Q

Re Adams & The Kensington Vestry (1884) is an example of what?

A

How the use of precatory words, are not sufficient for certainty of intention.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

The courts have held that reasonable can be sufficiently certain, for the certainty of subject matter with authority of which case?

A

Re Golay’s Trust.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

What is needed for certainty of object in a fixed trust?

A

Must be possible to draw a complete list of beneficiaries. IRC v Broadway Cottages Trust

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

For certainty of object in a discretionary trust what is needed?

A

The trustees must be able to identify with certainty a class of beneficiaries. McPhail v Doulton [1970]

How well did you know this?
1
Not at all
2
3
4
5
Perfectly