HD Mid Semester Equity Notes (Online)

Description

I Express Trusts 2 A Constitution, Intention and Subject 2 1 Complete Constitution (Both Private and Purpose) 2 2 Certainty of Intention (Both Private and Purpose) 3 3 Certainty of Subject Matter (Both Private and Purpose) 9 4 Certainty of Object (Private) 10 (A) Is the trust fixed or discretionary? C Trusts for charitable purposes 15 1 Charitable purpose 15 2 Public benefit 19 3 Additional considerations 19 A Formalities 21 1 Trust created by transfer of land 21 2 Declarations of trust with respect to land 21 3 Dispositions of beneficial interest 22 4 A declaration of trust not with respect to land or a disposal of a subsisting equitable interest 22 B Illegality 23 1 Inherent illegality 23 2 Part of an illegal scheme 23