The Settlor

Descrição

(Equity and Trusts) Mapa Mental sobre The Settlor, criado por scott.james.smit em 16-04-2013.
scott.james.smit
Mapa Mental por scott.james.smit, atualizado more than 1 year ago
scott.james.smit
Criado por scott.james.smit mais de 11 anos atrás
64
1

Resumo de Recurso

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

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