LW3305: Trust is a relationship that arises wherever a person is compelled in equity to hold property: Law of Equity Trusts Essay, UCC, Ireland
| University | University College Cork (UCC) |
| Subject | LW3305: Law of Equity Trusts |
Trust is a relationship that arises wherever a person is compelled in equity to hold property, whether real or personal, and whether by legal or equitable title, for the benefit of some persons or for some object permitted by law, in such a way that the real benefit accrues, not to the trustee, but to the beneficiaries or other objects of the trust.
Discuss the above statement with reference to classification, constitution, and requirements.
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