Three Certainties

Beschreibung

The three certainties Mindmap am Three Certainties, erstellt von reashton am 16/04/2013.
reashton
Mindmap von reashton, aktualisiert more than 1 year ago
reashton
Erstellt von reashton vor mehr als 11 Jahre
133
2

Zusammenfassung der Ressource

Three Certainties
  1. Intention
    1. Import obligation
      1. Comiskey - "in full confidence that she will devise to one or more of my nieces". 2nd part clearly mandatory
        1. But...
          1. Re Adams - "in full confidence" not sufficient.
      2. "Should"?
        1. Wallbank - word merely precatry
      3. Subject matter
        1. Tangiable & Intangiable
          1. London Wine - tangible but no segregation of appropriation
            1. Hunter - intangiable (shares) therefore no need for segregation
            2. Ambiguity
              1. Palmer - "bulk of my estate"
                1. Re Golay - "reasonable income" was still valid
            3. Objects
              1. Fixed Trust
                1. IRC - complete ascertain ability test
                2. Discretionary Trust
                  1. McPhail - Test same as MP. Wilberforce: Conceptual, Evidential, Administrative Unworkability
                    1. Re Baden - Stamp LJ set requirements to determine conceptual certainty. E.g. certainty if we describe next of kin within statutory definition.
                      1. Re Tuck - third party power to decide? should stay within juris or the court
                        1. Individual gifts to persons answering a description - Re Barlow it is sufficient if there is at least one person who fits description
                    2. Duties
                      1. Survey the class, consider and appoint (act in good faith, no improper selection, no capricious, no conflict).
                    3. Mere Power
                      1. Re Gestener - can it be said of any given person that he or she is or is not object of the power? (objective test)
                        1. Re Manisty - capricious = void
                        2. Duties
                          1. Re Hay - consider whether to exercise, survey range of objects, consider suitability of appointments (fiduciary)
                            1. Bare power does not need to be considered. No duties in terms of exercising power. See Mettoy v Pension Fund
                      Zusammenfassung anzeigen Zusammenfassung ausblenden

                      ähnlicher Inhalt

                      Trusts of imperfect obligation - i.e. trusts where there is no certainty of objects - is it possible to have a purpose trust (non charitable)?
                      sarah leach
                      ein kleines Informatik Quiz
                      AntonS
                      Die Aufklärung (Karteikarten)
                      AntonS
                      Latein Grundwortschatz Vokabeln
                      anna.grillborzer0656
                      Analytische Geometrie
                      sonnenblume1997
                      Stundenplan
                      Damian Wierzchowski
                      PRINT WS16/17 Uni Wien
                      Cecilie von Heintze
                      PuKW - GESKO WERB
                      Elisa Kosch
                      Tierhaltung/-hygiene Klausur 2017
                      Kim Langner
                      GESKO A PR WS 2018/19
                      Caroline Hannah
                      Vetie- Berufsrecht-Fragensammlung 2013-2017
                      Ju Pi