Creation and Mechanics of Express Commercial Trusts

This week’s topics

Creation and Mechanics of Express Commercial Trusts

1. Application of the three certainties to complex financial assets
2. Formalities and constitution
3. Nature of beneficiary proprietary rights
4. Saunders v Vautier principles in structured commerce
5. Chapter 2 - Express Trusts Constitution and Formalities - Equity and Trust - SQE1
6. The Three Certainties | Equity and Trusts Full Lecture

What you will be able to do

• 1.1 Analyse the mechanics of creating express trusts including the rights of beneficiaries.
• 1.4 Evaluate the nature of respective rights and obligations of the parties trusts.

Activity

Start with this week’s 2 videos, then: Seminar, guided reading and a short written task: analyse the mechanics of creating express trusts including the rights of beneficiaries.

Study materials

Videos

• Chapter 2 - Express Trusts Constitution and Formalities - Equity and Trust - SQE1 · YouTube · SQE1window · 22 min · for registered students
• The Three Certainties | Equity and Trusts Full Lecture · YouTube · The Business Academy · 42 min · for registered students

Further resources

• Law of Property Act 1925 · Reading · legislation.gov.uk, legislation · for registered students
• HMRC Trusts, Settlements and Estates Manual · Reading · GOV.UK, guidance · for registered students
• Trusts of Land and Appointment of Trustees Act 1996 · Reading · legislation.gov.uk, legislation · for registered students