Nature and classification of trusts

Nature and classification of trusts guidance:

Constructive trusts represent one of the three types of trust which do not require to be declared or evidenced in writing. The others are resulting and implied trusts,...

Practice Note

Constituting the trust In general no trust is created, whatever intention the settlor has manifested, unless legal title is vested in the trustees. This is known as...

Practice Note

Nature of trusts The trust concept Typically, the settlor is the original owner of property and creates a trust by conveying it to one or more trustees and manifesting an...

Practice Note

Certainty In order for a settlor to create a private express trust the three certainties must be present, namely: • certainty as to the intention of the settlor to create...

Practice Note

The rules relating to perpetuities and accumulations stem from the provisions in the Perpetuities and Accumulations Act 1964 (PAA 1964) and from common law. These...

Practice Note

Resulting trusts represent one of the three types of trust which do not require to be declared or evidenced in writing. The others are constructive and implied trusts,...

Practice Note