Equity and Trust Law may initially appear complicated.
But the subject becomes easier when its central concepts are understood.
Remember these key ideas:
Equity developed alongside the common law.
Trusts separate legal ownership from beneficial ownership.
The three certainties are intention, subject matter and objects.
Trustees hold and administer trust property for beneficiaries or recognised purposes.
Trustees owe important duties of loyalty, care and proper administration.
Equity provides remedies such as injunctions, specific performance, rescission and rectification.
Tracing can help identify trust property or its substitutes.
And finally, equity remains an important part of the modern legal system of England and Wales.
Thank you for watching The Law Made Simple UK.
If you found this explanation useful, please consider subscribing for more simple explanations of UK law.
Remember: understanding the law starts with understanding the basics.
This programme is for general educational purposes only and is not legal advice.
ข้อเสนอแนะ
รายงาน
ห้ามทำซ้ำหรือดัดแปลงโดยไม่ได้รับอนุญาตจากครีเอเตอร์
ข้อเสนอแนะ
รายงาน