Commentary

18 Transfer of a beneficial interest under a trust or settlement

CHOSES IN ACTION vol 7
| Commentary

18 Transfer of a beneficial interest under a trust or settlement

| Commentary

18 Transfer of a beneficial interest under a trust or settlement

The available methods of transfer are as follows:

  1. 18.1

        Release1: This is appropriate where there is a succession of interests under a trust or settlement and a person with an interest in remainder who is not in possession wishes to extinguish his right in favour of the person who is in possession.

  2. 18.2

        Surrender2: A surrender, it has been said3 ‘properly is a yielding up an estate for life ... to him that hath an immediate estate in reversion or remainder wherein the estate for life ... may drowne

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