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Parker and Mellows: The modern law of trusts

David B. Parker, Anthony R. Mellows, Ann Oakley

Open publisher page 1 citations

Abstract

Introduction. The classification of trusts. The formal requirements for the creation of a trust. The essential ingredients of a trust. The constitution of a trust. Discretionary trusts and powers. Legality of a trust. Protective trusts. Implied or resulting trusts. Constructing trusts. Charitable trusts. Pension trusts. The appointment, retirement and removal of trustees. The administration of a trust. Delegation: the employment of agents. The taxation of a trust. Investment. Apportionments. Income from the trust fund. Applications of trust capital. The position of a beneficiary under a trust. Trustees' remuneration and benefits. Variation of trusts. Breach of trust. Trusts in the conflict of laws. Exporting trusts.

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What this paper is about

Introduction. The classification of trusts. The formal requirements for the creation of a trust. The essential ingredients of a trust. The constitution of a trust. Discretionary trusts and powers. Legality of a trust. Protective trusts. Implied or resulting trusts. Constructing trusts. Charitable trusts. Pension trusts. The appointment, retirement and removal of trustees. The administration of a trust. Delegation: the employment of agents. The taxation of a trust. Investment. Apportionments. Income from the trust fund. Applications of trust capital. The position of a beneficiary under a trust. Trustees' remuneration and benefits. Variation of trusts. Breach of trust. Trusts in the conflict of laws. Exporting trusts.

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Available abstract

Introduction. The classification of trusts. The formal requirements for the creation of a trust. The essential ingredients of a trust. The constitution of a trust. Discretionary trusts and powers. Legality of a trust. Protective trusts. Implied or resulting trusts. Constructing trusts. Charitable trusts. Pension trusts. The appointment, retirement and removal of trustees. The administration of a trust. Delegation: the employment of agents. The taxation of a trust. Investment. Apportionments. Income from the trust fund. Applications of trust capital. The position of a beneficiary under a trust. Trustees' remuneration and benefits. Variation of trusts. Breach of trust. Trusts in the conflict of laws. Exporting trusts.

Key concepts: Blind trust, Voting trust, Trust law, Settlor, Express trust, Testamentary trust, Beneficiary, Business

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