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Sim S
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Decks in this class (24)
Trusts, Key Concepts and Comparisons and Distinctions
A trust separates which two aspec...,
What happens if a trustee breache...,
Which of the following is not a b...
35
cards
Creation and Requirements of Express Trusts
Which of the following is not a m...,
What happens to legal title in a ...,
Which of the following is not req...
40
cards
Beneficiaries
What is the primary role of a ben...,
What is a fixed trust 2,
What is the key characteristic of...
15
cards
Fixed and Discretionary Trusts
Which of the following is a key d...,
In a life interest trust who is e...,
Mark is named as a potential bene...
15
cards
Vested & Contingent Interests
What is the primary difference be...,
Which of the following statements...,
Sarah creates a trust stating to ...
15
cards
Capital and Income in Trusts
What is the key distinction betwe...,
Which of the following is not con...,
If a trustee holds shares on trus...
15
cards
The rule in Saunders v Vautier
What is the key principle of the ...,
When can multiple beneficiaries e...,
What happens if a trust has succe...
7
cards
Certainty of Intention
What is the key test for certaint...,
Which of the following statements...,
How do courts determine certainty...
10
cards
Certainty of Subject Matter
What is required for certainty of...,
A trust will fail for uncertainty...,
Which of the following statements...
10
cards
Certainty of Objects
Why is certainty of objects neces...,
What is the test for certainty of...,
What is the test for certainty of...
10
cards
Formalities and Constitution
Which section of the law of prope...,
What is the primary purpose of fo...,
Which type of trust does not requ...
10
cards
Formalities for Trusts of Land
What is the primary function of s...,
What does the phrase manifested a...,
Which of the following is not a r...
10
cards
Constitution of Trusts and the rule in Milroy v Lord
Which of the following is require...,
Which of the following best summa...,
What is the effect of an incomple...
15
cards
Exceptions to Milroy v Lord
What is the general principle fro...,
Under the re rose principle when ...,
What was the key development in m...
10
cards
Role of Trustees
What is the minimum duty that all...,
Lucy is a lay trustee and there i...,
Who holds the legal title to the ...
8
cards
Appointment of Trustees
Which of the following statements...,
A settlor creates a lifetime trus...,
Who cannot legally act as a trust...
12
cards
Removal and Retirement of Trustees
Which of the following is a statu...,
Which of the following is not req...,
A trust has three trustees one ha...
8
cards
Trustee Powers and Duties
Which of the following is a fiduc...,
Sam is a trustee and decides to i...,
The trust instrument is silent ab...
5
cards
Trustees: Administrative Powers and Duties
Which of the following is require...,
Ben is a trustee he invests trust...,
When do trustees not need to obta...
8
cards
Trustees: Dispositive Powers and Duties
What duty do trustees owe when a ...,
A trust states that lucy is entit...,
Ben aged 19 has a vested interest...
12
cards
Trustees: Dispositive Powers
Which of the following is true ab...,
A minor beneficiary has a conting...,
Trustees want to use capital from...
8
cards
Trustees: Power of Advancement
Which of the following statements...,
For trusts created after 1 octobe...,
The trustees wish to advance capi...
8
cards
Trustees: Power of Maintenance
Under s31 of the trustee act 1925...,
Amy is 14 and is entitled to a ve...,
Tom a trustee automatically pays ...
5
cards
Protection of Trustees
Which of the following cannot be ...,
A trustee is unsure how to distri...,
What is the effect of following t...
9
cards
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Trusts
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