The Law Relating to Private Trusts and Trustees

The Law Relating to Private Trusts and Trustees PDF Author: Arthur Underhill
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ISBN:
Category : Trusts and trustees
Languages : en
Pages : 656

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The Law Relating to Private Trusts & Trustees

The Law Relating to Private Trusts & Trustees PDF Author: Arthur Underhill
Publisher:
ISBN:
Category : Trusts and trustees
Languages : en
Pages : 766

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A Practical and Concise Manual of the Law Relating to Private Trusts and Trustees

A Practical and Concise Manual of the Law Relating to Private Trusts and Trustees PDF Author: Sir Arthur Underhill
Publisher:
ISBN:
Category : Trusts and trustees
Languages : en
Pages : 654

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Law Relating to Private Trusts and Trustees

Law Relating to Private Trusts and Trustees PDF Author: Arthur Underhill
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description


A Practical and Concise Manual of the Law Relating to Private Trusts and Trustees

A Practical and Concise Manual of the Law Relating to Private Trusts and Trustees PDF Author: Arthur Underhill
Publisher:
ISBN:
Category : Trusts and trustees
Languages : en
Pages : 516

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The Law Relating to Private Trusts and Trustees

The Law Relating to Private Trusts and Trustees PDF Author: Arthur Underhill, Sir
Publisher: Arkose Press
ISBN: 9781345087116
Category :
Languages : en
Pages : 656

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This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work.This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

The Law Relating to Private Trusts and Trustees

The Law Relating to Private Trusts and Trustees PDF Author: Sir Arthur Underhill
Publisher: Theclassics.Us
ISBN: 9781230351599
Category :
Languages : en
Pages : 258

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1896 edition. Excerpt: ...by Sargent, J., in Kealey v. Tappan: "Where a testator makes a general gift of his estate generally, to or in trust for, any person for life with remainder over, so much of the property as is of a perishable nature must be converted and invested in permanent securities for the benefit of the remainderman and the tenant for life shall have only the income arising therefrom. The same rule applies to articles quo ipso consum antur, when, instead of being specifically bequeathed, are included in such a general gift, of all, or the residue of the testator's estate generally, to one for life with remainder over. But the rule is different where the bequest is of specific articles to one for life, with remainder over. There the tenant for life is entitled to the possession and use of the property and should the article be worn out, damaged or wholly destroyed during the life estate, the remainderman has no remedy." This is a concise statement of the doctrine of Howe v. Earl of Dartmouth referred to in the text of the illustration to this article. The doctrine of that case i8 fully followed in the United States. Weeks v. Weeks, 5 N. H. 326; Williamson v. Williamson, 6 Paige, 298; De Peystero. Clendenning, 8 Paige, 295; Spear o. Tinkham, 2 Barb. Ch. 211; Kennard o. Kennard, 5 Watts, 108; The above rule, known as thi! rule in Howe v. Lord Dartmouth (1), is really only a corollary of the principle stated in Article 36, viz., that the trustee must act impartially between the beneficiaries. For if wasting property (such as leaseholds, terminable annuities, and the like) were to be retained, the tenant for life would profit at the expense of the remaindermen; and if reversionary property were not converted, the remaindermen would profit at the...

The Law Relating To Private Trusts And Trustees

The Law Relating To Private Trusts And Trustees PDF Author: Sir Arthur Underhill
Publisher: Legare Street Press
ISBN: 9781016295987
Category :
Languages : en
Pages : 0

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Book Description
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

A Concise Manual of the Law Relating to Private Trusts and Trustees

A Concise Manual of the Law Relating to Private Trusts and Trustees PDF Author: Sir Arthur Underhill
Publisher: Theclassics.Us
ISBN: 9781230447544
Category :
Languages : en
Pages : 114

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1878 edition. Excerpt: ...(e). 3. But where a receiver (who is, of course, a constructive trustee) made several journeys to Paris, in order that he might be present at the hearing of a suit brought in the French courts in relation to the trust property, and it appeared that his presence was wholly needless, the whole question being one of French law, and not of fact, his travelling expenses were disallowed, on the ground that they were under the circumstances improperly incurred (/). 4. And so where trustees attempted, at the solicitation of their cestuis que trust, some of whom were married women without power of anticipation, to sell the trust property before the date named in the settlement, it was held that they were not entitled to be indemnified against the costs of an action for specific performance brought against them by the purchaser (g). Art. 57.--Protection against the Acts of Co-trustee. A trustee is not answerable for the receipts, acts, or defaults of his co-trustee (), save only: --a. "Where he has handed the trust property to him without seeing to its proper application. /3. Where he allows him to receive the trust property without making due inquiry as to his dealing with it. y. Where he becomes aware of a breach of trust, either committed or meditated, and abstains from taking the needful steps to obtain restitution and redress, or to prevent the meditated wrong. (e) Macnamara v. Jones, Dick. (g) leedham v. Chawner, sup. 587. (a) Dawson v. Clarke, 18 V. (/) Malcolm v. O'Callagfian, 3 254; and as to settlements made M. & C. 62. since, see 22 & 23 Vict. o. 35, And even in these three cases he may, by express declaration in the settlement, be made irresponsible (b). Illust.--Thus in the case of Wilkins v. Hogg (c), -which now...

The Law Relating to Trusts and Trustees

The Law Relating to Trusts and Trustees PDF Author: Arthur Underhill
Publisher:
ISBN:
Category : Trusts and trustees
Languages : en
Pages : 738

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Book Description