Gain Immediate access to our Essays
FREE access exchanged for your work, or pay £9.99
Words: | Submitted: Mon Jun 19 2006
... will. So that's the first thing to note about secret trusts. It's a doctrine which is confined to wills, it's confined to the situation where the testator intended to create a trust after his death, but the will doesn't express the trust, the will doesn't express the intention to create a trust. There are actually two types of secret trust. There's a 'fully secret trust' and a 'half secret trust'. A fully secret trust relates to the situation where the gift in the will, on the face of it is an absolute gift. So the intention to create a trust is totally secret. A half secret trust refers to the situation where the will says the gift to this legate is subject to a trust, but the objects of the trust are not specified. The will says the gift is subject to a trust, but the objects of the trust are ...
FREE access exchanged for your work, or pay £9.99