Property Notes courtesy of Nick 'Big Dog' WoodFull description
Equity and Trusts Murdoch University
Equity and Trust Law
Outline for Wills Trusts Estates with Prof. Folami at Hofstra Law School Casebook: Dukeminier, Johanson, Lindgren & Sitkoff, WILLS, TRUSTS, & ESTATES (7th Ed. 2005)Full description
A historical and legal document from British India regarding TrustsFull description
Equity & Trust UK law notesFull description
exam notes
This is a property law project that deals with the trustee in a relationship of trust. It is in accordance with the Indian Trusts Act and has explicit descriptions of the appointment, position and ...Full description
Digests
Philippine Trusts (Notes)
ObliCon Trust Cases
This title examines the drawbacks of investing in Unit Trusts and Investment-Linked Polices (ILPs). Financial Advisors should stop selling these as investment or retirement vehicles.
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Supplementary discussions based on lectures by Atty. Christopher Llamado and Atty. Dante de la Cruz (CPAR, 2016)
Trusts
A trust is a relationship in which the trustees are the owners of trust assets which they are required to use according to the terms of the trust for the benefit of the beneficiaries.
The trustees main duties are to obey the terms of the trust and account to the beneficiaries regarding the trust assets and their performance of the trust. They also have a fiduciary duty, the essence of which is the proper exercise of discretion when managing the assets or affairs of others.
Trusts are often classified according to the manner in which they arise. Express trusts are created by a settler who intends to create a trust and follows the steps necessary to give effect to that intention. There are also 2 categories of trust that arise by operation of law, resulting trusts and constructive trusts.
