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(p. 67) 4. Classification and Juristic Nature of Trusts 

(p. 67) 4. Classification and Juristic Nature of Trusts
Chapter:
(p. 67) 4. Classification and Juristic Nature of Trusts
Author(s):

Philip H Pettit

DOI:
10.1093/he/9780199694952.003.0004
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date: 22 February 2020

This chapter, which examines the different types and the juristic nature of trusts, explains the requirements and principles of different trusts including constructive trusts, charitable trusts, trusts of land, and private trusts. It discusses the concept of protective trust and the so-called discretionary trusts where the beneficiaries do not have fixed interests in the trust property. The chapter also suggests that while trust is a highly developed institution, it is hard to determine the juristic nature of the interest of a cestui que trust in English law.

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