Show Summary Details
Page of

(p. 17) 2. The nature of a trust 

(p. 17) 2. The nature of a trust
(p. 17) 2. The nature of a trust

Iain McDonald

and Anne Street

Page of

PRINTED FROM OXFORD LAW TROVE ( © Oxford University Press, 2018. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a title in Oxford Law Trove for personal use (for details see Privacy Policy and Legal Notice).

date: 23 February 2020

Each Concentrate revision guide is packed with essential information, key cases, revision tips, exam Q&As, and more. Concentrates show you what to expect in a law exam, what examiners are looking for, and how to achieve extra marks. This chapter discusses the nature of trusts. Trusts arise when the legal and equitable interests in property are divided. Trusts are either express or implied. An express trust can be either private or public. Private trusts are created for the benefit of private individuals or classes of individuals. Public trusts are trusts which will benefit members of the public. Implied trusts are those which are not expressly created. There are three broad types of implied trusts: resulting, constructive, and statutory.

Access to the complete content on Law Trove requires a subscription or purchase. Public users are able to search the site and view the abstracts and keywords for each book and chapter without a subscription.

Please subscribe or login to access full text content.

If you have purchased a print title that contains an access code, please see the information provided with the code or instructions printed within the title for information about how to register your code.

For questions on access or troubleshooting, please check our FAQs, and if you can't find the answer there, please contact us.