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Understanding Purpose Trusts and Charitable Trusts by taylor10j is a document available to read on EtoBox.
What is Understanding Purpose Trusts and Charitable Trusts about?
The document discusses purpose trusts, highlighting the beneficiary principle which requires trusts to have enforceable beneficiaries. It outlines the validity issues associated with purpose trusts, including exceptions for charitable trusts, and explains how to create both charitable and non-charitable purpose trusts. The document also details the advantages of charitable trusts and provides examples of valid and invalid trusts under English law.
- Author
- taylor10j
- Language
- EN