This class was created by Brainscape user Hannah Buck. Visit their profile to learn more about the creator.
By:
Hannah Buck
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Decks in this class (15)
Introduction
What are the two key components o...,
Who holds the legal title to trus...,
Who holds the equitable title to ...
20
cards
Creation and requirements of express trusts
What is an express trust,
How can a settlor create an expre...,
Does a full legal owner ever have...
4
cards
Three certainties
What are the three certainties,
What is the requisite intention f...,
How can an intention to create an...
27
cards
Formalities and constitution
Which property will require speci...,
When will constitution not be con...,
What are the formalities for a tr...
27
cards
Beneficial entitlement
What two rights and interests doe...,
What is a fixed trust,
What is a successive interest trust
21
cards
Purpose trusts
What are the key exceptions to th...,
Why are charitable trusts not voi...,
Who enforces charitable trusts
30
cards
Resulting trusts
In what circumstance will an auto...,
What happens in an automatic resu...,
What is the effect of a person gr...
6
cards
Family homes
What does the court have the powe...,
How may there be an express trust...,
What form can common intention be
38
cards
Trustees
Will a trust fail if the trustees...,
Are trustees automatically entitl...,
Do multiple trustees have to act ...
21
cards
Trustee Powers and Duties
What are trustee powers,
What are trustee duties,
What do administrative powers dut...
47
cards
Fiduciary relationship
What are the two key fiduciary du...,
What is self dealing,
What is the consequence of self d...
20
cards
Liability of trustees
What are examples of breaches of ...,
Are trustees always liable for th...,
How may trustees be protected whe...
35
cards
Protection of trustees
What are trustees options for pro...,
What can exclusion clauses truste...,
What options for protection of tr...
12
cards
Equitable remedies
When would equitable remedies be ...,
What are the beneficiaries option...,
What are the benefits of equitabl...
30
cards
Liability of strangers
What are the key claims that can ...,
What type of claim is accessory l...,
What are the requirements for acc...
14
cards
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Trusts
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