The Revolution and Legacy of the Discretionary Trust

Palmer J and Rickett C, "The Revolution and Legacy of the Discretionary Trust" (2017) 11 Journal of Equity 157-184

25 Pages Posted: 10 Mar 2018  

Jessica Palmer

University of Otago - Faculty of Law

Charles E.F. Rickett

University of Auckland

Date Written: 2017

Abstract

The requirement of object certainty in express trusts underwent significant reform in the heady days of the late 1960s and early 1970s. This article argues that those changes have had important implications not only for the theoretical conception of the trust, but also for the modern practice of discretionary trusts.

Keywords: Express Trusts, Discretionary Trusts, Trust Law

JEL Classification: K00, K10, K11

Suggested Citation

Palmer, Jessica and Rickett, Charles E.F., The Revolution and Legacy of the Discretionary Trust (2017). Palmer J and Rickett C, "The Revolution and Legacy of the Discretionary Trust" (2017) 11 Journal of Equity 157-184. Available at SSRN: https://ssrn.com/abstract=3136913

Jessica Palmer (Contact Author)

University of Otago - Faculty of Law ( email )

PO Box 56
Dunedin North
Dunedin, 9016
New Zealand

Charles E.F. Rickett

University of Auckland ( email )

Private Bag 92019
Auckland Mail Centre
Auckland, 1142
New Zealand

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