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
Date Written: 2017
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: Suggested Citation