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Succession and Trusts

This class was created by Brainscape user Laura Swanson. Visit their profile to learn more about the creator.

By: Laura Swanson
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Decks in this class (12)

Succession Basics
What is the position of successio...,
When is property transferred 2,
What are the four types of succes...
34  cards
Testate Succession
What is a testament when can it b...,
G applicant 2,
What is the aim of succession 3
42  cards
Intestate Succession
When can intestacy occur 5 1,
What legislation governs intestacy 2,
3 stages of intestacy 3
15  cards
Trusts Basics
What is a trust 1,
Benefits of creating a trust 2,
Inter vivos vs mortis causa 3
13  cards
Special Destinations and Executries
Two types of destinations 1,
Conditional vs substitute 2,
When would a special destination ...
22  cards
Trust Parties
Role of the truster 1,
Instances where there is no trust...,
What are the interests of a trust...
19  cards
Trust Patrimony
Dual patrimony theory 1,
What is the duty of segragation 2,
What is the effect of joint owner...
5  cards
Creation of Trust
How is an express trust created 1,
Creation requirements in 2,
What must be included in declarat...
7  cards
Trust Administration
Who is responsible for trust admi...,
Where are the powers of trustees ...,
Marquees of lothian s cb 3
9  cards
Duties of Trustees
Why do trustees have duties 1,
3 basic duties of trustees 2,
What standard of care to trustees...
12  cards
Breach of Trust
Division of breach of trust 1,
Lamonds trs v croom 2,
When can trustee escape liability...
13  cards
Termination of Private Trusts
How can private trust be terminat...,
Effect of no trustees 2,
Exhausation of trust property 3
7  cards

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Succession and Trusts

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