This is part of a bundle for Equity and Trusts Term 2. Includes:
- Maxims
- Implied Trusts
- Constructive Trusts
- Illegality
- Presumption of Advancement
Types of trust (building on E & T 1)
Resulting Trusts: automatic / presumed / presumption of advancement
Constructive trusts: focus on the family home
Charities: charitable trusts / public benefit requirement
Unincorporated associations: beneficiary principle
Equitable remedies: focus on the injunction
Skills: essay writing for the DEX (Distance Exam)
*Guest lecture slot: private client practitioner / RISE trustees
Recapping the Maxims
What is a maxim?
“As equity became more formalized a framework emerged within which its development could be
shaped….” (Sarah Wilson, Textbook on Trusts, OUP, 2005)
“Rules of equity have to be applied in such a great diversity of circumstances that they can be stated
only in the most general terms and applied with particular attention to the circumstances of each
case.” (Lord Upjohn, Boardman v Phipps, 1967)
Treat with caution:
“The maxims are not rules to be construed like statutes, but rather a general basis around which
much of the law of equity has formed” (Sarah Wilson, Textbook on Trusts, OUP, 2005)
• Useful principles (Virgo ‘useful generalizations of complex law’)
• Often cited in judgments, but
Rarely the sole reason for a decision
•
- Those who come to equity must come with clean hands:
Has to relate to the relief (remedy) sought, don’t have to be of general moral upstanding
character
“A person coming to Equity for relief – and this is the equitable relief which the plaintiff
seeks – must come with clean hands; but the cleanliness required is to be judged in relation
to the relief that is sought.” Ungoed-Thomas J
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller graceochieng950. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for £9.39. You're not tied to anything after your purchase.