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How Do I Create A Trust Notes

Law Notes > Trusts Notes

This is an extract of our How Do I Create A Trust document, which we sell as part of our Trusts Notes collection written by the top tier of Griffith University students.

The following is a more accessble plain text extract of the PDF sample above, taken from our Trusts Notes. Due to the challenges of extracting text from PDFs, it will have odd formatting:







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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