Trusts and Equity

This fourth edition of Trusts and Equity builds on the popularity of previous editions by continuing to offer up-to-date and detailed guidance on the law of trusts and equity in a way that is fully relevant to current courses. The author treats key and contentious issues in depth whilst maintaining a book of manageable size. Each chapter introduces and summarizes the key concepts, enabling the student to appreciate the scope and boundaries of the subject and to make connections between chapters, before engaging with the detail. Trusts and Equity is academically rigorous, yet lively and accessible. Gary Watt uses his expertise in teaching, writing, and research to enliven the text with helpful analogies and memorable references to extra-legal sources such as history, literature, and film. Students are encouraged to engage with the subject and think critically about the central issues. Whilst some books are set out like encyclopaedias, Trusts and Equity is designed to be read cover to cover, like a series of engaging lectures. Online Resource Centre Equity and Trusts is accompanied by an Online Resource Centre, containing the following resources: - A video podcast from the author - Essay questions, problem scenarios and general answer guidance - Web links - Regular updatesPART I: INTRODUCTION TO TRUSTS AND EQUITY; 1. Foundations; 2. Equitable doctrines, remedies and maxims; 3. Trusts in context; PART II: CREATION AND RECOGNITION OF TRUSTS; 4. Trusts created expressly; 5. Effective disposition of benefit: constitution of trusts; 6. Ineffective disposition of benefit: resulting trusts; PART III: TRUST CREATION AND PUBLIC POLICY; 7. Formality, perpetuity and illegality; 8. Charity and cy pres; PART IV: CONSTRUCTIVE TRUSTS; 9. Constructive trusts and informal trusts of land; PART V: THE REGULATION OF TRUSTS; 10. Flexibility of benefit; 11. The fiduciary duty; 12. Fulfilling and filling the office of trustee; 13. Trustee Investment; 14. Breach of trust: the personal liability of trustees; PART VI: TRUSTS AND THIRD PARTIES; 15. Tracing and recovering trust property; 16. The equitable personal liability of strangers to the trust