This class was created by Brainscape user Alex Golding. Visit their profile to learn more about the creator.
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Alex Golding
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Decks in this class (15)
Charitable Purpose Trusts and Non-charitable Trusts
Define a charitable purpose trust,
A trust fund is held on trust for...,
3
cards
Constructive and Resulting Trusts
Explain the presumption of advanc...,
Explain promissory estoppel in re...,
A man and a woman lived together ...
9
cards
Constitution of Trusts
Two requirements for valid declar...,
Can the settlor change their mind...,
Can the settlor be the trustee
30
cards
Declaration of Trust, Fixed Interest Trusts and Discretionary Trusts
Define administrative unworkabili...,
Ex plain the beneficiary principle,
What is the current perpetuity pe...
15
cards
Beneficial Entitlement
Define capital return,
Define income return,
What is a vested interest in a trust
15
cards
Charitable and Non-Charitable Purpose Trusts
What is a purpose trust,
True or false certainty of intent...,
Explain the certainty of objects ...
35
cards
Resulting Trusts
Deifne personalty,
Explain the presumption of a resu...,
Which two things are to be consid...
20
cards
Remedies Against Trustees: Personal Claims
When would a personal claim again...,
What is required in order o be ab...,
Are trustees vicariously liable f...
23
cards
Remedies Against Trustees: Proprietary Claims
What is the aim of a proprietary ...,
What needs to be used where a tru...,
What does it mean to say that the...
19
cards
Trustees: Appointment, Removal and Retirement.
Who can be a trustee,
What is a trust corporation,
What is the minimum number of tru...
27
cards
Trustee Powers: Maintenance and Advancement
Lit some common examples of incom...,
Under what circumstances do trust...,
Can trustees pay income to minor ...
14
cards
Trustees Duties When Running a trust
Give an example of when beneficia...,
When it comes to exercising power...,
Explain the duty of care trustees...
16
cards
Trustee Duties: Investment
List the objectives the trustees ...,
What is the income and capital of...,
What risks should be considered b...
23
cards
Fiduciary Duties.
What is the definition of someone...,
What must the fiduciary trustee d...,
List the ways a trustee may breac...
19
cards
Remedies Against Third Parties
Explain what constitutes intermed...,
List the situations where it is l...,
Explain equitable personal recipi...
10
cards
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Trusts
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