Zusammenfassung der Ressource
The Settlor
- contract or simple giving
- two reasons for a trust
- 1) Created out of intention
to make a gift to someone
- 2) trusts created out of a
longer transaction
- investment
purposes:
pensions etc
- irrevocability of trusts
- Paul v Paul
- exception where trust contains an
express clause
- constituting the trust
- Settlor must vest legal title in trustee
- LPA 1925 s53(1)(b) declaration of trust must
be signed in writing
- Milroy v Lord: Failed gift cannot
amount to a trust
- Re Rose: There will be a constructive
trust where the settlor has done
everything he needs to do to constitute
the trust