Friday 20 December 2013

half-secret and fully secret trusts

half-secret and fully secret trusts
‘Although half-secret and fully secret trusts appear to be juridically different, since one appears on the face of the will and the other does not, the better view is that they are not. They are both express trusts that arise dehors the will……….It follows that the requirements for both types of trust should be the same….’ (Graham Virgo, The Principles of Equity and Trusts (OUP 2012).
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