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Property Law: Fixed Express Trusts

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samparkin92
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Last updated: June 27, 2023
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First submittedJune 27, 2023
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Hint
Answer
Nature of FET's?
Beneficiaries and interests clearly stated
What is needed to create a trust?
Three certainties
Any formality needed
What are the three certainties?
Intention
Subject matter
Objects
What is needed to constitute a trust?
Transfer title to trustee
3 ways to do this?
Gift
Transfer to third party to hold on trust
Self declaration
Hint
Answer
Statutes for the transfer of shares?
S.1 Stock Transfer Act 1963
SS.771-772 Companies Act 2006
Equitable principles that aid a transfer?
Every effort
Estoppel
Unconscionability
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