How Do I Create A Trust Notes

Updated How Do I Create A Trust Notes

Trusts

Approximately 168 pages

These notes deal with the law in relation to trusts, incorporating testamentary and inter vivos trusts, as well as other components including business trusts, charitable trusts and superannuation....

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HOW DO I CREATE A TRUST? TRUSTS | PAGE 13 CREATING AN EXPRESS TRUST * * * Created in one of two ways o Declaration of trust SS? Settlor declares himself to hold property on trust for a beneficiary o Transfer of property and intention for transferee to be the beneficial owner Need the three certainties o Intention o Subject matter o Objects Is the relationship a trust relationship? Valid Trust At Law Inter Vivos (duringlifetime) In Equity Testamentary Trust Milroy v Lord Property Law Act 1974 QLD (s200(1)) Property Law Act 1974 QLD (s11) Secretary of the Department of Social Security v James Succession Act 1981 (s10) TRUSTS | PAGE 14

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