Equity And Trusts
Research the nature and classification of trusts. Examine fiduciary obligations and participatory liability, statutory formalities, trust certainties and powers, the rights, duties and defences of trustees and rights and remedies of beneficiaries.
Your upfront cost: $0
Subjects may require attendance
- 19 Jul 2021
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On successful completion of this subject you will be able to:
- Demonstrate an advanced and integrated understanding of Equity and Trust principles.
- Analyse and research complex problems relating to Equity and Trust principles.
- Demonstrate sophisticated cognitive skills in approaching legal issues relating to Equity and Trusts and generate appropriate responses.
- Demonstrate the intellectual and practical skills needed to justify and interpret theoretical propositions, legal methodologies, conclusions and professional decisions and identify, research, evaluate and synthesise relevant factual, legal and policy issues relating to Equity and Trusts principles.
- Please refer to RMIT University’s Learning Management System - Canvas, for further details.
You must either have successfully completed the following subject(s) before starting this subject, or currently be enrolled in the following subject(s) in a prior study period; or enrol in the following subject(s) to study prior to this subject:
Please note that your enrolment in this subject is conditional on successful completion of these prerequisite subject(s). If you study the prerequisite subject(s) in the study period immediately prior to studying this subject, your result for the prerequisite subject(s) will not be finalised prior to the close of enrolment. In this situation, should you not complete your prerequisite subject(s) successfully you should not continue with your enrolment in this subject. If you are currently enrolled in the prerequisite subject(s) and believe you may not complete these all successfully, it is your responsibility to reschedule your study of this subject to give you time to re-attempt the prerequisite subject(s)
No special requirements
This subject provides an overview of the fundamental principles of the law relating to equity and trusts. It first examines the history and nature of equity, the nature and creation of equitable interests and equitable priorities and relationships of trust are examined, as well as unconscionable conduct, assignments, estoppel, equitable property rights, the institution of the trust, trust classification, trust constitution, statutory formalities applicable to trusts, certainties of intention, trust property and object, trustees’ rights and duties, beneficiaries’ rights and equitable remedies generally. Students are given the knowledge and skills necessary to pursue further studies in the Juris Doctor.
- Assessment Task 1 (25%)
- Assessment Task 2 (25%)
- Open Book Invigilated Exam (50%)
Current study term: 18 Jul 21 to 24 Oct 21
Check the learning management system (LMS) of your university for textbook details.