Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

SQE FLK2 > Trusts Law > Flashcards

Trusts Law Flashcards

1
Q

What are express trusts?

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

What are implied trusts?

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

What are the three certainties of intention?

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

What are the formalities required to create express inter vivos trusts?

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

What is the constitution of express inter vivos trusts?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

What are the exceptions to the rule that equity will not assist a volunteer?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

What is the beneficial entitlement in relation to fixed interests?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

What is the beneficial entitlement in relation to discretionary interests?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

What is the beneficial entitlement in relation to vested interests?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

What is the beneficial entitlement in relation to contingent interests?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

What is the rule in Saunders v Vautier?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

What is the distinction between charitable trusts and non-charitable purpose trusts?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

What are resulting trusts?, and how do they arise?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

When are resulting trusts presumed?, and when are they not?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

How is a common intention constructive trust established?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

What are the requirements to establish proprietary estoppel?

A
16
Q

How is recipient liability established?

A
17
Q

How is accessory liability established?

A
18
Q

When is there a duty not to profit from fiduciary position?

A
19
Q

What are the rules surrounding a trustees duty not to purchase trust property?

A
20
Q

What are the rules surrounding fiduciaries and their duty not to put themselves in a position where there is a conflict?

A
21
Q

Who can be a trustee?

A
22
Q

What are the rules surrounding the appointment of a trustee?

A
23
Q

What are the rules surrounding the removal of a trustee?

A
24
Q

What are the rules surrounding the retirement of a trustee?

A
25
Q

What is a trustees duty of care?

A
26
Q

What is a trustees duty to invest?, and what are their powers in relation to investment?

A
27
Q

What are the statutory powers of maintenance and advancement for trustees?

A
28
Q

What are examples of a breach of trust?

A
29
Q

When are trustees liable for breach of trust?

A
30
Q

What is protection offered for trustees regarding breach?

A
31
Q

What is the limitation period in relation to breach of trust?

A
32
Q

What is meant by availability of tracing in equity as a remedy?

A
32
Q

What is the nature of equitable remedies in relation to trusts?

A

SQE FLK2 (7 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions