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Equity: Trust and Non-Trust Powers of Appointment - Statistics
General Stats
- This quiz has been taken 0 times
- The average score is 0 of 16
Answer Stats
| Hint | Answer | % Correct |
|---|---|---|
| How long is the period of perpetuity? | 125 years | 0%
|
| What is known as when appointor chooses who gets what and how much in a trust? | Discretionary trust | 0%
|
| What duty does a trustee have for these | Duty to consider choice | 0%
|
| Two types of discretionary trust? | Exhaustive | 0%
|
| Power held by the trustee? | Fiduciary | 0%
|
| What is known as when property divided to set people and set amount? | Fixed Trust | 0%
|
| When can a non-chosen beneficiary take a trustee of a discretionary trust to court? | If they can prove they haven't acted in good faith (bona fide)? | 0%
|
| What is the certainty of objects test in fiduciary powers and discretionary trusts? | 'Is or is not' test | 0%
|
| What cases clarified this? | McPhail v Doulton [1971] | 0%
|
| Power held by the beneficiary or private individual? | Mere | 0%
|
| Two types of discretionary trust? | Non-exhaustive | 0%
|
| What are these types of power called? | Non-trust power of appointment | 0%
|
| What is known as when an appointor transfers property to who gets what and how much? | Power of appointment | 0%
|
| Case with three different definitions for relative? | Re Baden (No 2) [1973] | 0%
|
| What cases clarified this? | Re Gestetner [1953] | 0%
|
| When do the beneficiaries rights arise in this case? | When chosen (appointed) | 0%
|
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