Sub-trusts and Formality
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Pawlowski, Mark ORCID: 0000-0002-5473-5809 and Brown, James (2015) Sub-trusts and Formality. Trusts and Estates Law & Tax Journal (170). pp. 4-7.
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Abstract
The article discusses whether a declaration of a sub-trust by an intermediate trustee of land must be in writing under section 53 of the Law of Property Act 1925, depending on whether the sub-trust is a disposition of an equitable interest. It reviews case law on whether the intermediate trustee could "drop out" or remain a trustee. It also examines the difference between a beneficial and equitable interest and whether to distinguish active and passive sub-trusts.
Item Type: | Article |
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Uncontrolled Keywords: | sub-trusts, land, formality, equitable interests, beneficial interests, writing, active and passive sub-trusts |
Subjects: | K Law > KD England and Wales |
Faculty / School / Research Centre / Research Group: | Faculty of Liberal Arts & Sciences Faculty of Liberal Arts & Sciences > School of Law & Criminology (LAC) Faculty of Liberal Arts & Sciences > Crime, Law & (In)Security Research Group (CLS) |
Last Modified: | 01 Nov 2021 00:11 |
URI: | http://gala.gre.ac.uk/id/eprint/13939 |
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