ADMINISTRATION OF TRUST

CIBG – ADMIN OF TRUST – L4 – Q8 – Principle in Saunders v Vautier and Limitations

State and explain the principle in Saunders v Vautier and its limitations.

Question

State and explain the principle in Saunders v Vautier (1841) 4 Beav 115 and the limitations, if any, in the application of the principle.

(20 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Beneficiary Rights, Limitations, Principle, Saunders v Vautier
Level: Level 4

Topic: Vested and contingent interests
Series: JULY 2020

CIBG – ADMIN OF TRUST – L4 – Q7 – Personal Liability of Trustees for Breach

Explain circumstances where trustees are personally liable for breach of trust.

Question

Explain circumstances trustee can be held personally liable for breach of trust.

(20 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Breach of trust, Circumstances, Personal liability, Trustee liability
Level: Level 4

Topic: Personal remedies
Series: JULY 2020

CIBG – ADMIN OF TRUST – L4 – Q6 – Courts Not Assisting Volunteers and Resulting Trusts

State ways courts won't assist volunteers in imperfect trusts and explain presumed/automatic resulting trusts.

Question

a) State and explain three (3) ways in which the courts would not assist a volunteer to perfect an imperfect trust

b) Explain presumed and automatic resulting trusts

(20 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Automatic, Imperfect trusts, Presumed, Resulting trusts, Volunteers
Level: Level 4

Topic: Resulting trusts
Series: JULY 2020

CIBG – ADMIN OF TRUST – L4 – Q5 – Trustee Duties on Investments and Testamentary Trusts

State trustee duties on investments and define testamentary trust.

Question

a) State and explain the duties of a Trustee with regards to investments.

b) What is a testamentary (Will) trust?

(20 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Investments, Testamentary trust, Trustee Duties, Will trust
Level: Level 4

Topic: Will trusts
Series: JULY 2020

CIBG – ADMIN OF TRUST – L4 – Q4 – Beneficiaries Holding Third Parties Liable for Breach

State and explain ways beneficiaries can hold third parties liable for trust breaches.

Question

State and explain ways in which beneficiaries can hold third parties (other than the trustee) liable for breach of the trust committed by them.

(20 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Assistance, Breach of trust, Knowing receipt, Liability, Third Parties
Level: Level 4

Topic: Constructive trustees
Series: JULY 2020

CIBG – ADMIN OF TRUST – L4 – Q3 – Juridical Legal Effect of Creating a Trust

Explain the juridical legal effect of creating a trust.

Question

What is the juridical legal effect of creating a trust.

(20 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Equitable interest, Legal Effects, Separation of title, Trust Creation
Level: Level 4

Topic: Trust of an equitable interest
Series: JULY 2020

CIBG – ADMIN OF TRUST – L4– Q2 – Constructive Trusts and Equity Maxims

State circumstances for constructive trusts and explain equity through maxims.

Question

a) State three (3) circumstances under which a constructive trust may arise.

b) Explain how equity is done through maxims.

(20 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Circumstances, Constructive trusts, Equity Maxims, Resulting trusts
Level: Level 4

Topic: Basic concepts
Series: JULY 2020

CIBG – ADMIN OF TRUST – L4 – Q1 – Short Notes on Discretionary and Fixed Trusts

Write short notes on discretionary trusts and fixed trusts.

Question

a) Write short notes on the following:

Discretionary trusts
Fixed Trusts

(20 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Classification, Discretionary trusts, Express trusts, Fixed trusts, Trust powers
Level: Level 4

Topic: Fixed and discretionary trusts
Series: JULY 2020

CIBG – ADMIN OF TRUST – L4 – Q8 – Principle in Saunders v Vautier and Limitations

State and explain the principle in Saunders v Vautier and its limitations.

Question

State and explain the principle in Saunders v Vautier (1841) 4 Beav 115 and the limitations, if any, in the application of the principle.

(20 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Beneficiary Rights, Limitations, Principle, Saunders v Vautier
Level: Level 4

Topic: Vested and contingent interests
Series: JULY 2020

CIBG – ADMIN OF TRUST – L4 – Q7 – Personal Liability of Trustees for Breach

Explain circumstances where trustees are personally liable for breach of trust.

Question

Explain circumstances trustee can be held personally liable for breach of trust.

(20 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Breach of trust, Circumstances, Personal liability, Trustee liability
Level: Level 4

Topic: Personal remedies
Series: JULY 2020

CIBG – ADMIN OF TRUST – L4 – Q6 – Courts Not Assisting Volunteers and Resulting Trusts

State ways courts won't assist volunteers in imperfect trusts and explain presumed/automatic resulting trusts.

Question

a) State and explain three (3) ways in which the courts would not assist a volunteer to perfect an imperfect trust

b) Explain presumed and automatic resulting trusts

(20 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Automatic, Imperfect trusts, Presumed, Resulting trusts, Volunteers
Level: Level 4

Topic: Resulting trusts
Series: JULY 2020

CIBG – ADMIN OF TRUST – L4 – Q5 – Trustee Duties on Investments and Testamentary Trusts

State trustee duties on investments and define testamentary trust.

Question

a) State and explain the duties of a Trustee with regards to investments.

b) What is a testamentary (Will) trust?

(20 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Investments, Testamentary trust, Trustee Duties, Will trust
Level: Level 4

Topic: Will trusts
Series: JULY 2020

CIBG – ADMIN OF TRUST – L4 – Q4 – Beneficiaries Holding Third Parties Liable for Breach

State and explain ways beneficiaries can hold third parties liable for trust breaches.

Question

State and explain ways in which beneficiaries can hold third parties (other than the trustee) liable for breach of the trust committed by them.

(20 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Assistance, Breach of trust, Knowing receipt, Liability, Third Parties
Level: Level 4

Topic: Constructive trustees
Series: JULY 2020

CIBG – ADMIN OF TRUST – L4 – Q3 – Juridical Legal Effect of Creating a Trust

Explain the juridical legal effect of creating a trust.

Question

What is the juridical legal effect of creating a trust.

(20 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Equitable interest, Legal Effects, Separation of title, Trust Creation
Level: Level 4

Topic: Trust of an equitable interest
Series: JULY 2020

CIBG – ADMIN OF TRUST – L4– Q2 – Constructive Trusts and Equity Maxims

State circumstances for constructive trusts and explain equity through maxims.

Question

a) State three (3) circumstances under which a constructive trust may arise.

b) Explain how equity is done through maxims.

(20 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Circumstances, Constructive trusts, Equity Maxims, Resulting trusts
Level: Level 4

Topic: Basic concepts
Series: JULY 2020

CIBG – ADMIN OF TRUST – L4 – Q1 – Short Notes on Discretionary and Fixed Trusts

Write short notes on discretionary trusts and fixed trusts.

Question

a) Write short notes on the following:

Discretionary trusts
Fixed Trusts

(20 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Classification, Discretionary trusts, Express trusts, Fixed trusts, Trust powers
Level: Level 4

Topic: Fixed and discretionary trusts
Series: JULY 2020

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CIBG – ADMIN OF TRUST – L4 – Q8 – Principle in Saunders v Vautier and Limitations

State and explain the principle in Saunders v Vautier and its limitations.

You're reporting an error for "CIBG – ADMIN OF TRUST – L4 – Q8 – Principle in Saunders v Vautier and Limitations"

CIBG – ADMIN OF TRUST – L4 – Q7 – Personal Liability of Trustees for Breach

Explain circumstances where trustees are personally liable for breach of trust.

You're reporting an error for "CIBG – ADMIN OF TRUST – L4 – Q7 – Personal Liability of Trustees for Breach"

CIBG – ADMIN OF TRUST – L4 – Q6 – Courts Not Assisting Volunteers and Resulting Trusts

State ways courts won't assist volunteers in imperfect trusts and explain presumed/automatic resulting trusts.

You're reporting an error for "CIBG – ADMIN OF TRUST – L4 – Q6 – Courts Not Assisting Volunteers and Resulting Trusts"

CIBG – ADMIN OF TRUST – L4 – Q5 – Trustee Duties on Investments and Testamentary Trusts

State trustee duties on investments and define testamentary trust.

You're reporting an error for "CIBG – ADMIN OF TRUST – L4 – Q5 – Trustee Duties on Investments and Testamentary Trusts"

CIBG – ADMIN OF TRUST – L4 – Q4 – Beneficiaries Holding Third Parties Liable for Breach

State and explain ways beneficiaries can hold third parties liable for trust breaches.

You're reporting an error for "CIBG – ADMIN OF TRUST – L4 – Q4 – Beneficiaries Holding Third Parties Liable for Breach"

CIBG – ADMIN OF TRUST – L4 – Q3 – Juridical Legal Effect of Creating a Trust

Explain the juridical legal effect of creating a trust.

You're reporting an error for "CIBG – ADMIN OF TRUST – L4 – Q3 – Juridical Legal Effect of Creating a Trust"

CIBG – ADMIN OF TRUST – L4– Q2 – Constructive Trusts and Equity Maxims

State circumstances for constructive trusts and explain equity through maxims.

You're reporting an error for "CIBG – ADMIN OF TRUST – L4– Q2 – Constructive Trusts and Equity Maxims"

CIBG – ADMIN OF TRUST – L4 – Q1 – Short Notes on Discretionary and Fixed Trusts

Write short notes on discretionary trusts and fixed trusts.

You're reporting an error for "CIBG – ADMIN OF TRUST – L4 – Q1 – Short Notes on Discretionary and Fixed Trusts"

CIBG – ADMIN OF TRUST – L4 – Q8 – Principle in Saunders v Vautier and Limitations

State and explain the principle in Saunders v Vautier and its limitations.

You're reporting an error for "CIBG – ADMIN OF TRUST – L4 – Q8 – Principle in Saunders v Vautier and Limitations"

CIBG – ADMIN OF TRUST – L4 – Q7 – Personal Liability of Trustees for Breach

Explain circumstances where trustees are personally liable for breach of trust.

You're reporting an error for "CIBG – ADMIN OF TRUST – L4 – Q7 – Personal Liability of Trustees for Breach"

CIBG – ADMIN OF TRUST – L4 – Q6 – Courts Not Assisting Volunteers and Resulting Trusts

State ways courts won't assist volunteers in imperfect trusts and explain presumed/automatic resulting trusts.

You're reporting an error for "CIBG – ADMIN OF TRUST – L4 – Q6 – Courts Not Assisting Volunteers and Resulting Trusts"

CIBG – ADMIN OF TRUST – L4 – Q5 – Trustee Duties on Investments and Testamentary Trusts

State trustee duties on investments and define testamentary trust.

You're reporting an error for "CIBG – ADMIN OF TRUST – L4 – Q5 – Trustee Duties on Investments and Testamentary Trusts"

CIBG – ADMIN OF TRUST – L4 – Q4 – Beneficiaries Holding Third Parties Liable for Breach

State and explain ways beneficiaries can hold third parties liable for trust breaches.

You're reporting an error for "CIBG – ADMIN OF TRUST – L4 – Q4 – Beneficiaries Holding Third Parties Liable for Breach"

CIBG – ADMIN OF TRUST – L4 – Q3 – Juridical Legal Effect of Creating a Trust

Explain the juridical legal effect of creating a trust.

You're reporting an error for "CIBG – ADMIN OF TRUST – L4 – Q3 – Juridical Legal Effect of Creating a Trust"

CIBG – ADMIN OF TRUST – L4– Q2 – Constructive Trusts and Equity Maxims

State circumstances for constructive trusts and explain equity through maxims.

You're reporting an error for "CIBG – ADMIN OF TRUST – L4– Q2 – Constructive Trusts and Equity Maxims"

CIBG – ADMIN OF TRUST – L4 – Q1 – Short Notes on Discretionary and Fixed Trusts

Write short notes on discretionary trusts and fixed trusts.

You're reporting an error for "CIBG – ADMIN OF TRUST – L4 – Q1 – Short Notes on Discretionary and Fixed Trusts"

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