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- English_trust_law abstract "English trust law concerns the creation and protection of asset funds, which are usually held by one person for someone else's benefit. Trusts were a creation of the English law of property and obligations, but also share a history with countries across the Commonwealth and the United States. Trusts developed when claimants in property disputes were dissatisfied with the common law courts and petitioned the King for a just and equitable result. On the King's behalf, the Lord Chancellor developed a parallel justice system in the Court of Chancery. Historically, trusts were mostly used where people left money in a will, created family settlements, created charities, or some types of business venture. After the Judicature Act 1873, England's courts of equity and common law were merged, and equitable principles took precedence. Today, trusts play an important role in financial investments, especially in unit trusts and pension trusts, where trustees and fund managers usually invest assets for people who wish to save for retirement. Although people are generally free to write trusts in any way they like, an increasing number of statutes are designed to protect beneficiaries, or regulate the trust relationship, including the Trustee Act 1925, Trustee Investments Act 1961, Recognition of Trusts Act 1987, Financial Services and Markets Act 2000, Trustee Act 2000, Pensions Act 1995, Pensions Act 2004 and the Charities Act 2011.Trusts are usually created by a settlor, who gives assets to one or more trustees who undertake to use the assets for beneficiaries. Like in contract law no formality is required to make a trust, except where statute demands it (e.g. transfers of land, shares, for wills). To protect the settlor, English law demands a reasonable degree of certainty that a trust was intended. To be able to enforce the trust's terms, the courts also require reasonable certainty about which assets were entrusted, and which people were meant to be the trust's beneficiaries. Unlike some offshore tax havens and the United States, English law requires that a trust has at least one beneficiary if it is not charitable. The Charity Commission monitors how charity trustees perform their duties, and ensures charities serve the public interest. Pensions and investment trusts are closely regulated to protect people's savings and ensure that trustees or fund managers are accountable. Beyond these expressly created trusts, English law recognises \"resulting\" and \"constructive\" trusts that arise by automatic operation of law to prevent unjust enrichment, to correct wrongdoing or to create property rights where intentions are unclear. Although the word \"trust\" is used, resulting and constructive trusts are different because they mainly create property-based remedies to protect people's rights, and do not flow from the consent of the parties. Generally speaking, however, trustees owe a range of duties to their beneficiaries. If a trust document is silent, trustees must avoid any possibility of a conflict of interest, manage the trust's affairs with reasonable care and skill, and only act for purposes consistent with the trust's terms. Some of these duties can be excluded, except where the statute makes duties compulsory, but all trustees must act in good faith in the best interests of the beneficiaries. If trustees breach their duties, the beneficiaries may make a claim for all property wrongfully paid away to be restored, and may trace and follow what was trust property and claim restitution from any third party who ought to have known of the breach of trust.".
- English_trust_law thumbnail Londres_350..jpg?width=300.
- English_trust_law wikiPageExternalLink trusts.html.
- English_trust_law wikiPageExternalLink ita1882177.
- English_trust_law wikiPageExternalLink Equity.
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- English_trust_law wikiPageLength "157121".
- English_trust_law wikiPageOutDegree "580".
- English_trust_law wikiPageRevisionID "691654351".
- English_trust_law wikiPageWikiLink 1992.
- English_trust_law wikiPageWikiLink A-G_v_Guardian_Newspapers_Ltd_(No_2).
- English_trust_law wikiPageWikiLink Actuary.
- English_trust_law wikiPageWikiLink Adolph_Tuck.
- English_trust_law wikiPageWikiLink Agency_in_English_law.
- English_trust_law wikiPageWikiLink Air_Jamaica_Ltd_v_Charlton.
- English_trust_law wikiPageWikiLink Alfred_Denning,_Baron_Denning.
- English_trust_law wikiPageWikiLink Andrew_Burrows.
- English_trust_law wikiPageWikiLink Apartheid.
- English_trust_law wikiPageWikiLink Apostolic_poverty.
- English_trust_law wikiPageWikiLink Aristotle.
- English_trust_law wikiPageWikiLink Armitage_v_Nurse.
- English_trust_law wikiPageWikiLink Arthur_Scargill.
- English_trust_law wikiPageWikiLink Australia.
- English_trust_law wikiPageWikiLink Autonomy.
- English_trust_law wikiPageWikiLink Bailment.
- English_trust_law wikiPageWikiLink Bank_of_Credit_and_Commerce_International.
- English_trust_law wikiPageWikiLink Bank_of_Credit_and_Commerce_International_(Overseas)_Ltd_v_Akindele.
- English_trust_law wikiPageWikiLink Bank_of_Louisiana.
- English_trust_law wikiPageWikiLink Bankruptcy.
- English_trust_law wikiPageWikiLink Barclays_Bank_Ltd_v_Quistclose_Investments_Ltd.
- English_trust_law wikiPageWikiLink Barlow_Clowes.
- English_trust_law wikiPageWikiLink Barlow_Clowes_International_Ltd_v_Eurotrust_International_Ltd.
- English_trust_law wikiPageWikiLink Baron_Ellenborough.
- English_trust_law wikiPageWikiLink Bartlett_v_Barclays_Bank_Trust_Co_Ltd.
- English_trust_law wikiPageWikiLink Beatty_v._Guggenheim_Exploration_Co..
- English_trust_law wikiPageWikiLink Belmont_Finance_Corp_Ltd_v_Williams_Furniture_Ltd_(No_2).
- English_trust_law wikiPageWikiLink Beneficiary.
- English_trust_law wikiPageWikiLink Beneficiary_(trust).
- English_trust_law wikiPageWikiLink Benjamin_N._Cardozo.
- English_trust_law wikiPageWikiLink Bermuda.
- English_trust_law wikiPageWikiLink Bingo_(United_Kingdom).
- English_trust_law wikiPageWikiLink Binions_v_Evans.
- English_trust_law wikiPageWikiLink Bishopsgate_Investment_Management_Ltd_v_Homan.
- English_trust_law wikiPageWikiLink Blanshard_Stamp.
- English_trust_law wikiPageWikiLink Bleak_House.
- English_trust_law wikiPageWikiLink Boardman_v_Phipps.
- English_trust_law wikiPageWikiLink Bona_fide_purchaser.
- English_trust_law wikiPageWikiLink Bona_vacantia.
- English_trust_law wikiPageWikiLink Bond_(finance).
- English_trust_law wikiPageWikiLink Brazil_v_Durant_International_Corporation.
- English_trust_law wikiPageWikiLink Breach_of_confidence.
- English_trust_law wikiPageWikiLink Bribery.
- English_trust_law wikiPageWikiLink Brinks_Ltd_v_Abu-Saleh_(No_3).
- English_trust_law wikiPageWikiLink British_Empire.
- English_trust_law wikiPageWikiLink British_Virgin_Islands.
- English_trust_law wikiPageWikiLink Brown_v_Burdett.
- English_trust_law wikiPageWikiLink C_Webb.
- English_trust_law wikiPageWikiLink Calouste_Gulbenkian.
- English_trust_law wikiPageWikiLink Capital_gains_tax.
- English_trust_law wikiPageWikiLink Caribbean_Court_of_Justice.
- English_trust_law wikiPageWikiLink Caribbean_Sea.
- English_trust_law wikiPageWikiLink Category:English_property_law.
- English_trust_law wikiPageWikiLink Category:English_trusts_law.
- English_trust_law wikiPageWikiLink Cayman_Islands.
- English_trust_law wikiPageWikiLink Certainty.
- English_trust_law wikiPageWikiLink Chancellor_(education).
- English_trust_law wikiPageWikiLink Chancery_Lane.
- English_trust_law wikiPageWikiLink Change_of_position.
- English_trust_law wikiPageWikiLink Charitable_Uses_Act_1601.
- English_trust_law wikiPageWikiLink Charitable_trust.
- English_trust_law wikiPageWikiLink Charitable_trusts_in_English_law.
- English_trust_law wikiPageWikiLink Charities_Act_2006.
- English_trust_law wikiPageWikiLink Charities_Act_2011.
- English_trust_law wikiPageWikiLink Charity_Commission_for_England_and_Wales.
- English_trust_law wikiPageWikiLink Charles_Dickens.
- English_trust_law wikiPageWikiLink Charles_Mitchell_(professor).
- English_trust_law wikiPageWikiLink Charles_Pepys,_1st_Earl_of_Cottenham.
- English_trust_law wikiPageWikiLink Charles_Ritchie_Russell,_Baron_Russell_of_Killowen.
- English_trust_law wikiPageWikiLink Chase_Manhattan_Bank_NA_v_Israel-British_Bank_(London)_Ltd.
- English_trust_law wikiPageWikiLink Civil_law_(legal_system).
- English_trust_law wikiPageWikiLink Co-determination.
- English_trust_law wikiPageWikiLink Coal_mining_in_the_United_Kingdom.
- English_trust_law wikiPageWikiLink Colin_Rimer.
- English_trust_law wikiPageWikiLink Commentaries_on_the_Laws_of_England.
- English_trust_law wikiPageWikiLink Common_law.
- English_trust_law wikiPageWikiLink Commonwealth.
- English_trust_law wikiPageWikiLink Commonwealth_of_Nations.
- English_trust_law wikiPageWikiLink Companies_House.
- English_trust_law wikiPageWikiLink Compound_interest.
- English_trust_law wikiPageWikiLink Concurrent_estate.
- English_trust_law wikiPageWikiLink Conflict_of_interest.
- English_trust_law wikiPageWikiLink Consent.
- English_trust_law wikiPageWikiLink Conservative_Party_(UK).
- English_trust_law wikiPageWikiLink Conservative_and_Unionist_Central_Office_v_Burrell.
- English_trust_law wikiPageWikiLink Consideration_in_English_law.
- English_trust_law wikiPageWikiLink Construction.
- English_trust_law wikiPageWikiLink Constructive_trust.
- English_trust_law wikiPageWikiLink Corporate_bond.
- English_trust_law wikiPageWikiLink County_Durham.
- English_trust_law wikiPageWikiLink Court_of_Appeal_in_Chancery.