Trusts Law

Law

Trusts Law

Sample Data

Front NEW - When is fulfilment of expectation not appropriate?
Back - No longer owns propety - REneges on assurance years before it was meant to be hooured- Hardship to third parties- Disportionate- Enforced cohabitation
Front Non-charitable purpose trusts: Perpetuity
Back Express perpetuity clause. 21 years or 21 years + life in being
Front Equitable defence of laches
Back Even if limitation period has not expired, trustees may still be able to rely on an equitable doctrine known as ‘laches’ to argue that a beneficiary has waited too long to bring a claim.Trustees must show that the beneficiary knew of a breach but has delayed their claim unacceptably, making it unconscionable for the beneficiary to assert their beneficial interest.
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