The paper focuses on Equity and Trust Law-strangers liability essay.The focus should touch upon strangers liability, implied and express trust, tracing etc. It should be easy to read but have a good academic writing style.
Equity and Trust Law-strangers liability essay
Please write a well researched essay. The focus should touch upon strangers liability, implied and express trust, tracing etc.
It should be easy to read but have a good academic writing style. Should explain the question and provide authors own opinion after criticisms of the way forward. And,how the system can be improved. This is the question: While equity as a system of law was established upon good conscience and judicial discretion, the trust has evolved beyond the confines of these ambiguous principles. It is essential that there be sufficient certainty demonstrated by the settlor before a trust can be found in England & Wales. This applies to both express and implied trusts, which are both of equal importance. In, the modern law of equity.’ Critically analyse this statement.
Equity and Trust Law-strangers liability essay
Without assuming prior legal knowledge, books in the Directions series introduce and guide readers. Through key points of law and legal debate. Questions, diagrams, and exercises help readers to engage fully with each subject. Also,check their understanding as they progress. Expressly created trusts are a special form of gift that do not require any formality. However, formality is extremely important with regard to the subsequent transfer of beneficial interests. After the creation of a trust and with regard to trusts made by will (so-called ‘testamentary trusts’). Not everybody has the capacity to create a binding trust, mainly due to poor mental health and minority (infancy). Also,this chapter deals with capacity and formality requirements in relation to the creation of trust. Considers inter vivos transactions, the relevant provisions of the Law of Property Act 1925. Lack of formality as a defence to disguise a fraud, and testamentary trusts.
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