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Trusts: Sub-trusts and formality
Is a sub-trust a disposition for the purposes of s53(1)(c) of the Law of Property Act 1925? Mark Pawlowski and James Brown assess the current position ‘When an intermediate trustee makes a declaration of trust of their equitable interest, they do not deprive themselves of that interest but simply create a second equitable interest held …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- Burgess v Wheate (1759) 1 Eden 177
- Comptroller of Stamps (Victoria) v Howard Smith (1936) 54 CLR 614 (High Court of Australia)
- Drakeford v Cotton [2012] WTLR 1135
- Grainge v Wilberforce (1889) 5 TLR 436
- Grey v IRC [1958] Ch 375; [1960] AC 1
- Milmo v Carreras [1946] KB 306
- Milroy v Lord [1862] EWHC Ch J78
- Nelson v Greening & Sykes (Builders) Ltd [2007] EWCA Civ 1358
- Onslow v Wallis [1849] 1 Mac & G 506
- Oughtred v IRC [1959] UKHL 3
- Re Lashmar (1891) 1 Ch D 258
- Re Lehman Brothers International (Europe) Ltd [2010] EWHC 2914 (Ch); WTLR (w) 2010-12
- Sheffield v Sheffield [2014] WTLR 1039
- Vandervell v IRC [1967] 2 AC 291