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Tags
#constitution #equity #law
Question
Where trust property is vested in the trustees, the trust is said to be ‘completely constituted’. It is then [...] (unless the trust specifically authorises revocation – which is rare). The beneficiaries have enforceable rights even though they may have given no consideration for the trust.
Answer
binding on the settlor, who cannot change their mind and revoke the trust

Tags
#constitution #equity #law
Question
Where trust property is vested in the trustees, the trust is said to be ‘completely constituted’. It is then [...] (unless the trust specifically authorises revocation – which is rare). The beneficiaries have enforceable rights even though they may have given no consideration for the trust.
Answer
?

Tags
#constitution #equity #law
Question
Where trust property is vested in the trustees, the trust is said to be ‘completely constituted’. It is then [...] (unless the trust specifically authorises revocation – which is rare). The beneficiaries have enforceable rights even though they may have given no consideration for the trust.
Answer
binding on the settlor, who cannot change their mind and revoke the trust
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Where trust property is vested in the trustees, the trust is said to be ‘completely constituted’. It is then binding on the settlor, who cannot change their mind and revoke the trust (unless the trust specifically authorises revocation – which is rare). The beneficiaries have enforceable rights even though they may have given no consideration for the trust.<

Original toplevel document (pdf)

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