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Other Papers on :Equity and Trusts

P/L/62. Trusts and the concept of certainty

(2005, 4000 words)

The paper deals with legal aspects of the trust as a form of obligation in English Law. The concepts of legal title, equitable title, trustee, etc. are defined. Various classifications of trusts are presented; the test known as the 'three certainties' is described and supplied with references to individual cases. The powers of discretionary trusts are outlined and illustrated with examples.
 
   
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