Unit Six (case cards) Flashcards
Vandervell
HOL held that equitable interest can’t exist hanging in the air, not belonging to anyone, the equitable interest had to spring back to Vandervell therefore a resulting trust
Morice
failed because of beneficiary principle, so money sprang back to deceased next of kin
Essery
marriage settlements, essery made marriage settlement in consideration of intended marriage, transferred a load of shares to trustees for her, husband, and children for life. They never got married, so court held she could get money back on resulting trust principles.
Re Ames
express trust failed as marriage never consunmated
Re Trusts
people contrivuted to a fund to look after 2 disabled ladies, when they died there was still money left. Resulting trust created… money goes back
Gillingham
although inconvienient still resulting trust
Re West Sussex
Court held larger donations sprung back on resulting trust and money in collection boxes etc went to the crown
Re Vinogradoff
grandmother put money into trust for herself and grandaughter (4 years old)… grandmother died, law of supervision - passed to child, but resulting trust came in and sprang back to grandmother.
Hodgson
nan gave house to lodger, he sold house, she had resulting trust as transfer with no consideration