Trusts and Equity provides a straightforward and readable exposition of the key principles of the law of trusts and equity. The book demystifies this complex subject through clear explanation and focus on contemporary applications of the trust. Features: Clear explanation of the equitable concepts underlying trust law provides students with good understanding of the basic principles Brings the subject to life for students by exploring the continuing importance of trusts today, within modern commercial contexts Case law summaries enable students to quickly access the main points of cases, and consider the principles of the law in action. New to this edition: Updated with commentary on important recent case law such as Lavelle v Lavelle [2004] on the presumption of advancement, Clark v Cutland [2003] & Gwembe Valley Development Corporation v Koshy (No3) [2004] on directors liabilities, Mortimer v Bailey (2004) EWCA Civ 1514 on injunctions and delay, Pesticcio v Huet [2004] on undue influence and Abacus Trust Co (Isle of Man) v Barr [2003] on trustee's discretions. Consideration of the reform proposals to the tax system for trusts issued in August 2004. Up - to - date discussion of draft Charities Bill. Coverage of the Civil Partnership Bill 2004. New section on Capital and Income in trusts in relation to the Law Commission Consultation Paper. End of chapter summaries have been included to help students reflect on what they have learn and revise for exams. New text design with more diagrams and clearer headings allow students to follow the text with ease An extended companion website with sample exam questions and outline answers, links to useful online legal resources, glossary of terms, and regular updates to the book. Nigel Stockwell, BA, LLB, Barrister, is a Senior Lecturer in Law, and Richard Edwards, LLB, LLM was formerly a Principal Lecturer in Law, both at Anglia Polytechnic University.

Table of Contents

Table of Cases. Table of Statutes. 1. Growth of equity and the evolution of the trust 2. The maxims of equity 3. Trusts today 4. The requirements of an express trust 5. Powers and discretionary trusts 6. Setting trusts aside 7. Variation of trusts 8. Purpose trusts 9. Charitable trusts 10. Resulting trusts 11. The family home 12. Constructive trusts 13. The office of trustee: appointment, retirement and removal 14. Trustees' powers 15. Trustees' duties 16. Remedies for breach of trust 17. The equitable doctrines 18. Equitable remedies Appendix: Trustee Act 2000 Index.