About the Book
Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Pages: 73. Chapters: Trust law, Laches, Injunction, Aequitas, Maxims of equity, Estoppel, Exchequer of Pleas, Fiduciary, Willard v. Tayloe, Dishonest assistance, Rule against perpetuities, Estoppel in English law, Hague Trust Convention, Tracing in English law, Barclays Bank Ltd v Quistclose Investments Ltd, Purpose trust, Illustrations of the rule against perpetuities, Equity stripping, Constructive trust, Offshore trust, Rule in Dearle v Hall, Beneficiary, Donatio mortis causa, Specific performance, Court of Requests, Testamentary trust, Chancery Regulation Act 1862, Power of appointment, Trust instrument, Equitable remedy, Liability of trustees inter se in English law, Settlor, Saunders v Vautier, Detainer, Unclean hands, Irreparable damage or injury, Duty of care, Equitable interest, Adequate remedy, Six Clerks, George Tasker, Account of profits, Equitable assignment, Secret profit, Equitable conversion, Preliminary injunction, Michigan Court of Chancery, Knight v Knight, Court of equity, Letter of wishes, Settlement, Knowing receipt, Bare trust, Declaratory relief, Art equity. Excerpt: In common law legal systems, a trust is a relationship between three parties whereby property (real or personal, tangible or intangible) is transferred by one party to be held by another party for the benefit of a third party. A trust is created by a settlor (archaically known as the feoffor to uses), who transfers some or all of his property to a trustee (archaically known as the feoffee to uses), who holds that trust property (or trust corpus) for the benefit of the beneficiaries (archaically known as the cestui que use, or cestui que trust). The trustee has legal title to the trust property, but the beneficiaries have equitable title to the trust property (separation of control and ownership). The trustee owes a fiduciary duty to the beneficiaries...
