Law BooksMay 16, 20233 min readSAUNDERS v VAUTIERGeneral Principle: Beneficiaries are entitled to terminate the trust if they have attained the age of majority (over 18), if they have...
Law BooksMay 6, 20233 min readRE ROSEGeneral principle: Once the legal owner of shares delivers to his donee the share certificate and properly executed share transfer form...
Law BooksMay 6, 20232 min readVANDERVELL v IRCGeneral Principle: The creation of a trust can allow for the legal ownership and equitable benefit to be divided. Name: Vandervell v IRC...
Law BooksApr 27, 20233 min readBOARDMAN v PHIPPSGeneral principle: Unless the principle has informed consent, a fiduciary agent must account for any profit made as a result of his...
Law BooksApr 27, 20232 min readCOMISKY v BOWRING-HANBURYGeneral Principle: The court will look at the meaning of the words, their true effect and at the intention of the testator as expressed...
Law BooksApr 27, 20232 min readHUNTER v MOSS General Principle: When the trust property consists of shares, the identification of them only requires the quantification of the...
Law BooksApr 26, 20233 min readPENNINGTON v WAINEGeneral Principle: Where a donor had manifested an immediate and irrevocable intention to donate shares to another, signed a transfer...
Law BooksApr 26, 20232 min readMCPHAIL v DOULTONGeneral Principle: Another type of discretionary trusts is the more modern type of large discretionary trusts, which involve paying out...
Law BooksApr 26, 20235 min readRE BADEN (No 2)General principle: A trust, like a power, is valid if it can be said with certainty that any given individual is or is not a member of...