Turn to this reference for all the major aspects of the law of trusts. Topics include trust intent, trust property, trustee, beneficiary, and the nature of the beneficiary's interest. Explores formalities for creation of inter vivos trusts, statute of frauds, and wills acts. Covers different types of trusts including charitable, resulting, constructive, illegal, and spendthrift and related trusts. Provides information on future interests rules involved in creation of trusts; initiating, identifying and defending the trust; standard of care and investments; trustee powers and distributions; delegation to agents and co-trustees; and duty of loyalty/self-dealing. Plus, contract and tort liability, allocation of burdens and benefits to principal or income, records, accounting and fees, and many other trust related issues.
Turn to this reference for all the major aspects of the law of trusts. Topics include trust intent, trust property, trustee, beneficiary, and the nature of the beneficiary's interest. Explores formalities for creation of inter vivos trusts, statute of frauds, and wills acts. Covers different types of trusts including charitable, resulting, constructive, illegal, and spendthrift and related trusts. Provides information on future interests rules involved in creation of trusts; initiating, identifying and defending the trust; standard of care and investments; trustee powers and distributions; delegation to agents and co-trustees; and duty of loyalty/self-dealing. Plus, contract and tort liability, allocation of burdens and benefits to principal or income, records, accounting and fees, and many other trust related issues.