Purpose Trusts Flashcards

1
Q

When should a purpose trust vest?

A

21 years

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2
Q

Why are purpose trusts generally void?

A

Because there is no beneficiary to enforce them

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3
Q

4 examples when valid purpose trusts are limited

A

Erecting or maintaining monuments or graves
Saying of mass in private
Upkeep of specific animals
Gifts to unincorporated associations or clubs

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4
Q

Objections to purpose trusts

A

No beneficiaries to enforce them
Uncertainty
Perpetuity

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5
Q

2 cases for lack of beneficiaries

A

Morice v Bishop of Durham (1804)
Leahy v AG for NSW [1959]

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6
Q

A case for uncertainty

A

Re Astor [1952]

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7
Q

When can a purpose trust be valid?

A

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.’

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8
Q

What are the exceptions to the rule?

A

Monuments - (Re Hooper)
Specific Animals - (Re Dean)
Private masses - (Re Heatherington)
Promotion of fox hunting - (Re Thompson)

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