CHECK THESE SAMPLES OF Analysis of Trust and Equity in Law
This case has given rise to a number of issues such as the ‘creation of trust' and the exception that the ‘equity will not assist a volunteer to perfect an imperfect gift'4.... The aim of this study is to reveal the actual meaning of the perfect gift and the process through which the law has developed exception that the equity is unable to assist the volunteer to perfect an imperfect gift.... equity and Trusts Table of Contents Table of Contents 2 Introduction 3 Exceptions to the Maxim That ‘equity Will Not Assist a Volunteer to Perfect an Imperfect Gift' 4 Scope for Further Development 7 Conclusion 10 References 12 Introduction According to the Milroy v Lord case, it has been observed that trust must not be held for the sake of the protection of gifts....
12 Pages
(3000 words)
Essay
Regardless of the nature of this case and the unexpected outcome, it is clear that the court made the decision while keeping in mind the need for formalities in completion of transfer of trust as well as equity in such cases.... This is because English law is based on formalities which must be fulfilled in order for a transfer of trust to be considered as complete.... In the present case, it is clear that there is some evidence that the two aunts had received from Lady Meera the intention of transfer of trust....
10 Pages
(2500 words)
Essay
hellip; When equity developed as a parallel system to the common law, it was considered innovative by acknowledging “new” rights where common law failed to provide “justice”.... nbsp; From a historical perspective, equity developed as a result of the inflexibility of common law and “wiped away the tears of the common law”3.... In common law, the doctrine of tracing enables a claimant to trace the path of their misappropriated property, identify the proceeds of the property along with persons who have handled the property....
9 Pages
(2250 words)
Case Study
This essay takes a look at the development of the law to trust and equity from the common law.... Trust was developed centuries ago and incorporated different types like discretionary trust and the fixed trust.... The law of trust is one of the most crucial creations of the court of Chancery, which is responsible for the administration of the law of equity.... In this type of trust, the trustee has the obligation to dispose the property under trust as per the terms of the trust which is not the case under the discretionary trust where the trustee may have some discretion on the exact value...
8 Pages
(2000 words)
Essay
hellip; The author states that the invention of the Trust cannot in itself, be viewed as the ultimate achievement since there is a long history of established principles of equity that have been responsible for setting up the ideological framework of the law.... Starting from Plato and Aristotle, through Roman Praetorship and further into English Common law and the incorporation of equity, a set of rules and principles have been established by precedent laid out through the dictates of conscience of past adjudicators which have been the guiding principles of law down the ages and have made a much more valuable contribution in the legal arena....
12 Pages
(3000 words)
Assignment
"analysis of Equity and Trust Law Case" gives advice for Marcus and David of the rights in respect of the property and any financial provision that Marcus should make to David for the contributions he has made to the property it is necessary to look at the law surrounding cohabiting couples.... he first thing to consider is whether the actions of the party have created a resulting trust.... If David had made a contribution to the purchase price the court may find that a resulting trust has been created1....
6 Pages
(1500 words)
Case Study
Enforcement of trust depends on the conscience of the holder3.... The court of appeal's approach targeting hunter v moss arrived at a conclusion that was different in relation to trust the creation of trust over the intangible and fungible property.... "Equity and Trust law" paper focuses on equity and justice that coincides with each other.... Equity is believed to provide a form of justice that is considered better compared to the common law....
11 Pages
(2750 words)
Essay
In the process, we will look at the main differences between common law and equity in terms of 1) conscience and fairness, 2) protection of relationship of trust and confidence and the 3) discretionary approach to grant of relief....
In this paper, we will review the difference between common law and equity and study the statement whether as Mason (1994) says, equity's concern with standards of conscience, fairness, equality and its protection of relationships of trust and confidence, as well as its discretionary approach to the grant of relief stands in marked contrast to the more rigid formulae applied by the common law”....
12 Pages
(3000 words)
Term Paper