The law of trusts:
Gespeichert in:
| Beteilige Person: | |
|---|---|
| Format: | Buch |
| Sprache: | Englisch |
| Veröffentlicht: |
Oxford
Oxford University Press
[2016]
|
| Ausgabe: | Tenth edition |
| Schriftenreihe: | Core text series
|
| Schlagwörter: | |
| Links: | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=029084497&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| Umfang: | XXXVIII, 500 Seiten |
Internformat
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Datensatz im Suchindex
| _version_ | 1819296359539277824 |
|---|---|
| adam_text | Abbreviations xv
Table of legislation xvi
Table of cases xix
The historical origins of the trust 1
The Court of Chancery and the origin of equity 1
The relationship between equity and the common law 5
Equity s creation of the use and the trust 8
A : ’ 13
A A.: A:,;;’; = i 1 : 14
The nature of the express trust 15
Express trusts and trusts arising by operation of law (TABOLs) 1 5
How beneficiaries receive their entitlements under a trust 18
Bare trusts, special trusts, and nomineeships 20
Beneficial, equitable, and legal interests 21
Trustees and fiduciaries 22
The features of the express trust 25
The express trust in legal context 47
A note on the English trust for civil lawyers 52
Trusts in civil law jurisdictions: Quebec and Scotland 54
The nature of the beneficiary s right 58
Trusts and the fusion of law and equity 64
’ 65
• ■ : 65
Express trusts: trusts and powers 67
Fixed trusts, discretionary trusts, and powers of appointment 67
Duties and powers virtute officii (powers given to office holders), personal
powers (powers nominatum), powers ‘in the nature of a trust , fiduciary
powers, bare and mere powers 73
x Contents
Interests under fixed trusts 79
The principle in Saunders v Vautier 81
The rule against perpetuities 84
The enforcement and judicial control of discretionary trusts and powers
of appointment 87
The validity of dispositive discretions: certainty of objects 89
Excessive and fraudulent exercises of powers 95
Interests under discretionary trusts and powers of appointment 96
Protective trusts 98
FURTHER READING 105
SHF r - T it S T QUESTIONS 105
Constructive trusts 107
Effectively declared trusts and trusts that arise by operation of law (TAROLs) 107
Varieties of constructive trust 108
Anticipatory constructive trusts 109
Third party recipients of property transferred in breach of trust 112
Trusts of the family home 114
Fraud and theft 124
The nature of the constructive trust: institutional’ and remedial’
constructive trusts 126
P U RT H f. U R E A D i N G 1 28
SHU-TEST questions 129
Resulting trusts 130
Resulting uses 130
Automatic resulting trusts and presumed resulting trusts 131
Presumed resulting trusts (PRTs) 133
The presumption of resulting trust 137
The presumption of advancement 142
Illegality 146
Automatic resulting trusts (ARTs) 149
Resulting trusteeship 155
HURT!-} HR R F a T) J H G 156
-SR I. F-T£ S T quiUTiGNS 156
Contents xi
Formalities and secret trusts 157
The character and purpose of formalities 1 57
Declarations of trusts in land: Law of Property Act 1925, s 53(l)(b) 159
The doctrine of Rochefoucauld v Boustead 160
Disposition of subsisting equitable interests: Law of Property Act 1925,
s53(l)(c) 161
Testamentary trusts: Wills Act 1837, s 9 174
Informal testamentary trusts: secret and half-secret trusts 176
FURTKLR RL A3 M Nil 188
5L LF- i fST QU UynOWG 188
Certainty 190
The three certainties 1 90
Certainty of intention: the family gift context 191
Certainty of intention: the commercial context 195
Certainty of subject matter and objects: common issues 203
Certainty of subject matter: particular issues 208
Certainty of objects: particular issues 212
Powers and McPhail trusts 213
Conditions precedent defining a class 215
Administrative unworkability and capriciousness 215
Effects of uncertainty 220
FURTHER READ! NG 221
SET P- TEoT Q U 251 iON5 221
The constitution of trusts 222
Equity will not assist a volunteer’ 223
Perfecting an imperfect gift 225
Covenants to settle 231
The enforcement of covenants to settle by equity 234
Tlie enforcement of covenants to settle at common law 235
The trust of the benefit of a promise to settle 238
Fortuitous vesting of the trust property 243
Concluding considerations 246
xii Contents
247
247
Trusts and purposes 249
The beneficiary principle and the invalidity of private purpose trusts 249
Anomalous valid purpose trusts 254
Powers for purposes 255
An enforcer principle? 257
Valid trusts for persons limited by a purpose : Re Sandersons Trust 259
The bare trust with mandate and Quistclose trusts 265
Gifts to unincorporated associations 272
The dissolution of unincorporated associations 278
Less than unincorporated associations: the case of political parties 282
The rule against perpetuities 283
284
285
The trust up and running 286
The duty of investment 286
The Trustee Act 2000 287
The standard of prudence in making trust investments 289
Social or ethical’ investing 293
The delegation of trustee functions 296
The power of maintenance 297
The power of advancement 299
Appointment, retirement, and removal of trustees 301
Custodian, nominee, managing, and judicial trustees 304
Beneficiaries’ rights to information 305
Variation of trusts 307
311
311
Breach of trust 313
The array of claims that can arise when a breach of trust occurs
The difference between breach of trust and breach of fiduciary requirements
313
319
Contents xiîi
The trustees liability to account: personal claims against the trustee 320
Liability of trustees inter se 337
Beneficiaries’ consent to a breach of trust 337
Trustees relief from liability under Trustee Act 1925, s 61, trustee
exemption clauses, and ouster of trustee duties 339
De facto trusteeship, or trusteeship de son tort 347
Liability for procuring or assisting in a breach of trust 347
Proprietary remedies for the misapplication of trust property 351
Tracing 354
Proprietary claims to traceable proceeds: charges and equitable ownership 362
Subrogation claims reliant upon tracing 370
Tracing at common law and the quest for a fiduciary relationship 374
Personal claims against recipients of trust property or its traceable
proceeds: knowing receipt and knowing dealing 379
The restitutionary analysis of recipient liability 385
Limitation of actions 397
398
399
The law governing fiduciaries 401
The ‘no conflict’ rule 402
Authorised profits 414
Unauthorised profits and the liability to account for them 418
The self-dealing and fair dealing rules 423
The proprietary and personal nature of the liability to account 426
Equitable compensation for breach of fiduciary obligation 436
Secondary liability for breach of fiduciary obligation 437
• 443
444
Charitable trusts 446
Introduction 446
Fiscal benefits 447
The conditions for charitable status 449
The charitable character of public purpose trusts 450
xiv Contents
Trusts for the relief of poverty 454
Trusts for the advancement of education 454
Trusts for the advancement of religion 456
Trusts for other purposes beneficial to the community 457
The public benefit requirement 461
A charity must be for exclusively charitable purposes 464
Preservation from failure: the cy-pres doctrine 468
H T ■ 1? T !-1 ] ■ it R V A D I N (. :• 472
Select bibliography 475
Index 485
|
| any_adam_object | 1 |
| author | Penner, J. E. ca. 20./21. Jh |
| author_GND | (DE-588)1047547503 |
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| author_sort | Penner, J. E. ca. 20./21. Jh |
| author_variant | j e p je jep |
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| discipline | Rechtswissenschaft |
| edition | Tenth edition |
| format | Book |
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| language | English |
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| publishDate | 2016 |
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| publisher | Oxford University Press |
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| series2 | Core text series |
| spellingShingle | Penner, J. E. ca. 20./21. Jh The law of trusts Trusts and trustees / Great Britain Equity / Great Britain Stiftungsrecht (DE-588)4132552-7 gnd Treuhand (DE-588)4060833-5 gnd Trust (DE-588)4129154-2 gnd |
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| title | The law of trusts |
| title_auth | The law of trusts |
| title_exact_search | The law of trusts |
| title_full | The law of trusts J. E. Penner |
| title_fullStr | The law of trusts J. E. Penner |
| title_full_unstemmed | The law of trusts J. E. Penner |
| title_short | The law of trusts |
| title_sort | the law of trusts |
| topic | Trusts and trustees / Great Britain Equity / Great Britain Stiftungsrecht (DE-588)4132552-7 gnd Treuhand (DE-588)4060833-5 gnd Trust (DE-588)4129154-2 gnd |
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