Resulting trust laws arise in equity rather than common law because equity gives clean hand.
The trust law developed in England at the time of the Crusades, during the 12th and 13th centuries.
Bolan had arranged a discretionary trust law to safeguard his money.
However some items that are capital in trust law are treated as income for tax purposes when received by trusts.
As a barrister, he was a leading authority on trust law.
Instead, the only way in which ownership can be obtained is through ordinary trust law.
In trust law, "appointment" often has its everyday meaning.
As protectors are a relatively recent innovation in trust law, case law is scant.
Obviously, if the statute had been given literal effect, there would be no trust law.
The duty to manage has, under trust law, always been with the trustees.