Trusts

Quick Info
(2090.04)  Course
Instructor(s)
Professor S. Drummond
Fall
4 credit(s)  4 hour(s);
Presentation
Synchronous online lectures, discussion, oral pleading exercises
Upper Year Research & Writing Requirement
No
Praxicum
No

The objective of this course is to introduce students to the most important contribution of equity, the trust. The course starts with an historical introduction and a consideration of the principal purposes for which trusts are currently used. The topics to be covered include: the nature of the trust and its distinctive characteristics as a legal institution; substantive and formal principles governing the creation and administration of express private trusts; the concept of a fiduciary relationship and its contemporary importance in areas such as Crown/aboriginal relations; resulting and constructive trusts; variation and termination of trusts; the rights of a beneficiary of a trust; duties and powers of trustees; personal and proprietary remedies for breach of trust; and the use and development of trusts in non-traditional areas such as the environment and commerce.