The Law Relating to Private Trusts and Trustees |
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The Law Relating To Private Trusts And Trustees Sir Arthur Underhill,Frederick a Wislizenus No preview available - 2022 |
The Law Relating to Private Trusts and Trustees Arthur Underhill, Sir,Adolph Wislizenus No preview available - 2015 |
Common terms and phrases
Allen allowed Appeal apply appointed ARTICLE authorized Bank Barb beneficiary benefit breach of trust Brown capital cestui que trust charge Clark co-trustee Conn constructive trust conveyance copyholds court court of equity creditors death debts declared deed devise direction discretion Duty of Trustee entitled equity executed executor exercise express expressly fee simple fraud Gisborne heirs held income infant intention interest investment Jones land lease legal estate liable Lord loss Mass ment mortgage N. E. Rep N. J. Eq N. Y. Supp paid Paige parties payable payment Power of Trustees purchase purpose reasonable receive remainder remainderman residuary resulting trust rule S. W. Rep sect securities sell settled settlement settlor Smith solicitor statute supra tenant testator's tion trust estate trust funds trust moneys trust property Trustee Act trustee's vested Vict wife
Popular passages
Page 442 - Subject to the provisions of the Acts and these Rules, the costs of and incident to all proceedings in the Supreme Court, including the administration of estates and trusts, shall be in the discretion of the Court or Judge...
Page 53 - I take the law of this Court to be well settled, that, in order to render a voluntary settlement valid and effectual, the settlor must have done everything which, according to the nature of the property comprised in the settlement, was necessary to be done in order to transfer the property and render the settlement binding upon him.
Page 403 - ... trust, or if there is no such person, or no such person able and willing to act, then the surviving or continuing trustees or trustee for the time being, or the personal representatives of the last surviving or continuing trustee, may, by writing, appoint another person or other persons to be a trustee or trustees in the place of the trustee dead, remaining out of the United Kingdom, desiring to be discharged, refusing or being unfit, or being incapable, as aforesaid.
Page 53 - ... must have done everything which, according to the nature of the property comprised in the settlement, was necessary to be done in order to transfer the property and render the settlement binding upon him. He may of course do this by actually transferring the property to the persons for whom he intends to provide, and the provision will then be effectual, and it will be equally effectual if he transfers the property to a trustee for the purposes of the settlement, or declares that he himself holds...
Page 256 - The duty of a trustee is not to take such care only as a prudent man would take if he had only himself to consider; the duty rather is to take such care as an ordinary prudent man would take if he were minded to make an investment for the benefit of other people for whom he felt morally bound to provide.
Page 413 - ... receive any debt or other thing in action so subject, shall vest in the persons who by virtue of the deed become...
Page 205 - ... interest shall be given to any person for life, but the purposes of the trust may continue beyond the life of such person, such devise shall be construed to vest in such trustee the fee simple, or other the whole legal estate which the testator had power to dispose of by will in such real estate, and not an estate determinable when the purposes of the trust shall be satisfied.
Page 361 - This section applies only if and as far as a contrary intention is not expressed...
Page 417 - ... order vesting the right to transfer (/) or call for a transfer of stock, or to receive the dividends or income thereof, or to sue for or recover...
Page 353 - ... charges or not, and either together or in lots, by public auction or by private contract, subject to any such conditions respecting title or evidence of title or other matter...