Full Description
Written in a fresh and lively style and supported by a strong analytical framework, the seventh edition of Pearce & Stevens' Trusts and Equitable Obligations continues to provide students with a relevant and exciting examination of a subject that can seem remote and difficult.
The authors take a modern and conceptual approach to the wide array of topics covered in undergraduate equity and trusts modules, helping students explore the many ways in which trusts impact on everyday life, and in the world of finance and commerce. The text is accessible without compromising detailed critical comment, and engages with key issues such as the protection of privacy, enforcing informal promises, trusts and the family home, and challenges affecting the charity sector.
Online resources:
The text is accompanied by online resources containing a glossary of terms for students. For lecturers the site provides a test bank of multiple choice questions and PowerPoint slides to use in teaching.
Contents
Part I: The Importance of Equity
1: What is equity?
2: Equitable obligations
3: Equity and the management of property
Part II: Creating the Relationship
4: Certainty
5: Constitution of trusts
6: Formalities
7: Policy limits
Part III: Resulting and Constructive Trusts
8: Resulting trusts
9: Constructive trusts
Part IV: Equity in Action
10: Interests in the family home
11: Evolution of rights in the family home
12: Proprietary estoppel
13: Clubs and societies
14: Wills and inheritance
Part V: Charities
15: The role and status of charities
16: Charitable trusts
17: Cy-pres: redistributing funds and changing purposes
18: Control and Regulation of charities
Part VI: Allocation of Benefit
19: Choosing who benefits
20: Fixed trusts
21: Powers of appointment
22: Discretionary trusts
23: Powers of advancement and maintenance
24: Variation of beneficial trusts
Part VII: Managing Trusts
25: Management and delegation
26: Investment
27: Changing the trustees
Part VIII: Checks, Controls, and Remedies
28: Control and accountability
29: Remedies against the trustee for breach of trust
30: Fiduciary duties
31: Remedies against strangers to the trust
32: Tracing
Part IX: Equity's Contribution to Remedies
33: Rescission, rectification and account
34: Specific performance
35: Injunctions
