This class was created by Brainscape user William Hagerty. Visit their profile to learn more about the creator.

Decks in this class (15)

Creation of Express trusts
What are the two types of express...,
How does a self declaration of tr...,
How does a transfer on trust for ...
5  cards
Trusts created through operation of law
What are two examples of implied ...,
What are the two types of resulti...,
3  cards
The three certainties
What are the three certainties,
What is the objective test of cer...,
What is certainty of subject matt...
9  cards
Formalities
How is a gift transferred,
What are the formalities for decl...,
Fo
6  cards
Beneficiaries
How does a successive interest fi...,
What is a discretionary trust,
What is the different between ves...
5  cards
Purpose Trusts
What is the beneficiary principle,
What are the characteristics of a...,
What are the conditions of a non ...
4  cards
Resulting trusts
What are the two types of resulti...,
How is an automatic resulting tru...,
How is a presumed resulting trust...
4  cards
Family homes
What is the structure for joint l...,
What is the structure for sole le...,
What is the structure for prop
3  cards
Overview: Administration of trusts
What are the two key components o...,
What are the roles of a trustee
2  cards
Trustee role
Who can be a trustee,
What happens if a trustee does no...,
In what ways can trustees be appo...
5  cards
Breach of fiduciary relationship
What is the fiduciary duty of a t...,
What is self dealing,
What is fair dealing
5  cards
Trustees: Powers and duties
Under the trustee act what is the...,
What is the trustees duty of care,
Do trustees have the power to acq...
6  cards
liability of trustees and fiduciaries
Are there are any protections for...,
What are the equitable remedies,
How do you assess the value of th...
3  cards
Tracing and equitable remedies
What is following and tracing,
In the case of wrongful mixture w...,
If the funds have been spent on m...
5  cards
Liability of strangers to the trust
What are the two ways of secondar...,
What is accessory liability disho...,
What is recipient liability knowi...
3  cards

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Trusts

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