Purpose Trusts Flashcards
When should a purpose trust vest?
21 years
Why are purpose trusts generally void?
Because there is no beneficiary to enforce them
4 examples when valid purpose trusts are limited
Erecting or maintaining monuments or graves
Saying of mass in private
Upkeep of specific animals
Gifts to unincorporated associations or clubs
Objections to purpose trusts
No beneficiaries to enforce them
Uncertainty
Perpetuity
2 cases for lack of beneficiaries
Morice v Bishop of Durham (1804)
Leahy v AG for NSW [1959]
A case for uncertainty
Re Astor [1952]
When can a purpose trust be valid?
Trusts of ‘imperfect obligation’
Held to be valid despite there being no one who can enforce the trust obligations
The exceptions to the rule are ‘where Homer has nodded.’
What are the exceptions to the rule?
Monuments - (Re Hooper)
Specific Animals - (Re Dean)
Private masses - (Re Heatherington)
Promotion of fox hunting - (Re Thompson)