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Trusts Law
Certainty of intention
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Created by
Abdifatah Mahamed
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Cards (20)
What is one of the three certainties necessary for the creation of an express trust?
Certainty of intention
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What does certainty of intention require from a settlor?
The settlor must possess the
intention
to
create a trust
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How is the necessary intention to create a trust determined?
It is determined by the
settlor's
arrangements
that create a trust
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What is the defining feature of an express trust?
An
intention
to
create
it
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What is the requisite intention for creating a trust?
An intention to impose a
duty
to
hold
property
for a
beneficiary
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In the case of Re Oldfield, what did the court conclude about the woman's 'desire' for her daughters?
The court held that a desire carries no obligation to create a trust
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How can a person's intention to create a trust be ascertained?
From their
words
and
conduct
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What is the approach of the courts in determining intention to create a trust?
The courts adopt an objective approach
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What is the significance of written documents in establishing intention?
They help ascertain the
intention
of
the
author
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What principles do courts apply when interpreting written documents regarding intention?
Meaning
of words,
context
, known facts, and
common sense
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Is the use of the word 'trust' conclusive in determining intention?
No, it is not
determinative
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How does the characterization of a transaction affect its nature as a trust?
The nature is determined by
substantive
rights and duties, not characterization
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What is a key determining factor in establishing intention in several cases?
The
segregation
of funds in a
separate
bank account
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In Paul v Constance, what evidence supported the finding of a trust regarding the bank account?
The
repeated use
of the
phrase
'this money is as much yours as mine'
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What did the court acknowledge about the couple in Paul v Constance regarding their understanding of trusts?
They were ordinary people
unfamiliar
with the legal concept of a trust
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What does certainty of intention depend on in legal cases?
It depends on the
specific facts
of each case
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How can vagueness in the subject matter of a trust affect the intention to create one?
Vagueness may indicate there was no intention to
create
a
trust
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What was the outcome in Mussoorie Bank Ltd v Raynor regarding the alleged trust?
The
Privy Council
rejected the argument for a trust
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What are the key points regarding certainty of intention in creating an express trust?
Certainty of intention
is required for an express trust.
The requisite intention is to
impose a duty
characteristic of a trust.
Intention is ascertained from
words and conduct
.
The word 'trust' is not necessary or conclusive.
Interaction may occur with the other two certainties.
The determination of intention is
fact-specific
.
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What is the relationship between certainty of intention and the other certainties in trust law?
There can be significant interaction between them
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