简介
The new and expanded edition of The Law of Trusts by Hon. Eileen Gillese and Martha Milczynski has been revised to reflect all appellate authority decided since the publication of the first edition in1997. In addition, the book now makes reference to legislation in all Canadian provinces. Written in clear English and illustrated with many practical examples, it describes all aspects of the creation of trusts and their administration. Not only do they explore the origins of the trust in common law, the authors also provide insight into the recent growth in the use of trusts, including the huge expansion in the area of fiduciary relationships and provisions in the Quebec Civil Code, which now allow the use of trusts in that province.
目录
TABLE OF CONTENTS 8
FOREWORD TO THE FIRST EDITION 14
Part One: Introduction 16
CHAPTER 1: AN INTRODUCTION TO THE LAW OF TRUSTS 18
A. Understanding Trust Law 18
B. An Introduction to the Trust Concept 20
C. History and Background 21
D. Trusts, Fiduciaries, and Other Legal Relationships 25
E. Equitable Remedies and Maxims 28
F. Trusts in Quebec 32
Further Readings 33
CHAPTER 2: POWER 34
A. Introduction 34
B. Powers 35
C. Powers of Appointment 37
D. Obligations of a Donee of a Power of Appointment 41
E. Rights of Objects of a Power of Appointment 45
F. Creating a Valid Power of Appointment 46
Further Readings 48
Part Two: Express Trusts 50
CHAPTER 3: THE CREATION OF EXPRESS TRUSTS 52
A. Introduction 52
B. Capacity 52
C. The Three Certainties 53
D. Constitution of Trusts 60
E. Formalities 63
F. Limitations on the Creation of Trusts 66
CHAPTER 4: PURPOSE TRUSTS 71
A. Introduction 71
B. Charitable Trusts 73
C. Non-Charitable Purpose Trusts 82
D. The Relationship between Charitable and Non-Charitable Purpose Trusts 87
E. Unincorporated Associations 87
CHAPTER 5: ENDING OR CHANGING A TRUST 91
A. Introduction 91
B. Termination of the Trust 92
C. Alteration or Amendment of the Trust 101
D. Variation of the Trust 106
Further Readings 112
Part Three: Trusts Arising by the Operation of Law 114
CHAPTER 6: RESULTING TRUSTS 116
A. Introduction 116
B. Classic Resulting Trust Situations 120
C. The Presumptions of Resulting Trust and Advancement 124
Further Readings 127
CHAPTER 7: CONSTRUCTIVE TRUSTS 128
A. Introduction 128
B. Constructive Trusts: Remedy or Cause of Action? 131
C. Recognized Applications of Constructive Trusts 132
Further Readings 146
Part Four: The Trustee 148
CHAPTER 8: THE APPOINTMENT, RETIREMENT, AND REMOVAL OF REMOVAL 150
A. Introduction 150
B. Appointment 151
C. Retirement 154
D. Removal 155
Further Readings 156
CHAPTER 9: DUTIES OF TRUSTEES 157
A. Introduction 157
B. Powers and Duties 158
C. Delegation of Duties 162
D. Investment of Trust Funds 163
E. Duty to Act Impartially 165
F. Duty to Account 168
G. Duty to Provide Information 168
Further Readings 171
CHAPTER 10: THE POWER AND RIGHTS OF TRUSTEES 172
A. Introduction 172
B. Administrative Powers 173
C. Dispositive Powers 176
D. Rights of Trustees 178
Further Readings 181
CHAPTER 11: BREACH OF TRUST 182
A. Introduction 182
B. Civil Liability of Trustees 183
C. Criminal Liability of Trustees 186
D. Rights of Beneficiaries against Trust Property 186
E. Defences of Trustees 189
Further Readings 195
CHAPTER 12: CONCLUSION 196
Further Readings 198
TABLE OF CASES 200
A 200
B 200
C 201
D 202
E 202
F 202
G 202
H 202
I 203
J 203
K 203
L 203
M 203
N 204
O 204
P 204
R 204
S 206
T 206
V 207
W 207
INDEX 208
A 208
B 208
C 208
D 209
E 209
F 209
I 209
L 210
M 210
N 210
P 210
R 210
T 210
U 211
ABOUT THE AUTHORS 212
FOREWORD TO THE FIRST EDITION 14
Part One: Introduction 16
CHAPTER 1: AN INTRODUCTION TO THE LAW OF TRUSTS 18
A. Understanding Trust Law 18
B. An Introduction to the Trust Concept 20
C. History and Background 21
D. Trusts, Fiduciaries, and Other Legal Relationships 25
E. Equitable Remedies and Maxims 28
F. Trusts in Quebec 32
Further Readings 33
CHAPTER 2: POWER 34
A. Introduction 34
B. Powers 35
C. Powers of Appointment 37
D. Obligations of a Donee of a Power of Appointment 41
E. Rights of Objects of a Power of Appointment 45
F. Creating a Valid Power of Appointment 46
Further Readings 48
Part Two: Express Trusts 50
CHAPTER 3: THE CREATION OF EXPRESS TRUSTS 52
A. Introduction 52
B. Capacity 52
C. The Three Certainties 53
D. Constitution of Trusts 60
E. Formalities 63
F. Limitations on the Creation of Trusts 66
CHAPTER 4: PURPOSE TRUSTS 71
A. Introduction 71
B. Charitable Trusts 73
C. Non-Charitable Purpose Trusts 82
D. The Relationship between Charitable and Non-Charitable Purpose Trusts 87
E. Unincorporated Associations 87
CHAPTER 5: ENDING OR CHANGING A TRUST 91
A. Introduction 91
B. Termination of the Trust 92
C. Alteration or Amendment of the Trust 101
D. Variation of the Trust 106
Further Readings 112
Part Three: Trusts Arising by the Operation of Law 114
CHAPTER 6: RESULTING TRUSTS 116
A. Introduction 116
B. Classic Resulting Trust Situations 120
C. The Presumptions of Resulting Trust and Advancement 124
Further Readings 127
CHAPTER 7: CONSTRUCTIVE TRUSTS 128
A. Introduction 128
B. Constructive Trusts: Remedy or Cause of Action? 131
C. Recognized Applications of Constructive Trusts 132
Further Readings 146
Part Four: The Trustee 148
CHAPTER 8: THE APPOINTMENT, RETIREMENT, AND REMOVAL OF REMOVAL 150
A. Introduction 150
B. Appointment 151
C. Retirement 154
D. Removal 155
Further Readings 156
CHAPTER 9: DUTIES OF TRUSTEES 157
A. Introduction 157
B. Powers and Duties 158
C. Delegation of Duties 162
D. Investment of Trust Funds 163
E. Duty to Act Impartially 165
F. Duty to Account 168
G. Duty to Provide Information 168
Further Readings 171
CHAPTER 10: THE POWER AND RIGHTS OF TRUSTEES 172
A. Introduction 172
B. Administrative Powers 173
C. Dispositive Powers 176
D. Rights of Trustees 178
Further Readings 181
CHAPTER 11: BREACH OF TRUST 182
A. Introduction 182
B. Civil Liability of Trustees 183
C. Criminal Liability of Trustees 186
D. Rights of Beneficiaries against Trust Property 186
E. Defences of Trustees 189
Further Readings 195
CHAPTER 12: CONCLUSION 196
Further Readings 198
TABLE OF CASES 200
A 200
B 200
C 201
D 202
E 202
F 202
G 202
H 202
I 203
J 203
K 203
L 203
M 203
N 204
O 204
P 204
R 204
S 206
T 206
V 207
W 207
INDEX 208
A 208
B 208
C 208
D 209
E 209
F 209
I 209
L 210
M 210
N 210
P 210
R 210
T 210
U 211
ABOUT THE AUTHORS 212
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