Where a transfer to a donee or to trustees is incomplete, the general rule is that equity will not assist. Turner LJ in Milroy v Lord (at 5.2 above) said that ‘the settlor must have done everything which was necessary to be done in order to transfer the property and render the settlement binding upon him.’ This has been interpreted as meaning that, where the settlor has done everything within their power, equity may regard the transfer as complete.