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Trusts Law (SQE1)

✨ If he were a person, he’d be the quirky uncle you learn to love — full of peculiar habits and wacky ideas that can sometimes get lost in translation. But once you get to know him (it takes a bit of time), he’s surprisingly wise, dependable, and not a terrible person. ✨

This 19-page guide is a concise, structured, and visually engaging revision resource for Trusts Law, covering all the key areas in a manageable format:

  1. Creation and requirements of express trusts: the three certainties (intention, subject matter, objects), fixed and discretionary trusts, formalities, and constitution of inter vivos trusts.
  2. Beneficial entitlement: fixed, discretionary, vested, and contingent interests; the rule in Saunders v Vautier; distinction between charitable and non-charitable purpose trusts.
  3. Resulting trusts: how they arise and when they are presumed or not.
  4. Trusts of the family home: common intention constructive trusts, legal and equitable ownership, contributions, and proprietary estoppel.
  5. Liability of strangers to the trust: establishing recipient and accessory liability.
  6. Fiduciary relationship and obligations: duties not to profit, avoid conflicts of interest, and restrictions on purchasing trust property.
  7. Trustees: appointment, removal, retirement, duty of care, duty to invest, and statutory powers.
  8. Trustees’ liability: breach of trust, measure of liability, protections, and limitation periods.
  9. Equitable remedies: nature and availability, including tracing.