TRUSTS
08/09/2009
The trust is a uniquely English invention which has spread to many parts of the common law world. It may be created expressly during the Settlor’s lifetime or may be included in a Will, or it may arise by operation of law (implied) or as a result of the Courts assessing the behaviour of a person towards some or all of their property or that of another person (resulting or constructive trusts). There are special cases such as protective trusts, trusts created for disabled persons, trusts directed by Court order as a result of personal injury claims, pension trusts, charitable trusts – indeed, trusts of all sorts exist.
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