Pearce & Stevens' Trusts and Equitable Obligations

Written in a fresh and lively style and supported by a strong analytical framework, the seventh edition of Pearce & Stevens' Trusts and Equitable Obligations continues to provide students with a relevant and exciting examination of a subject that can seem remote and difficult. The authors take a modern and conceptual approach to the wide array of topics covered in undergraduate equity and trusts modules, helping students explore the many ways in which trusts impact on everyday life, and in the world of finance and commerce. The text is accessible without compromising detailed critical comment, and engages with key issues such as the protection of privacy, enforcing informal promises, trusts and the family home, and challenges affecting the charity sector. Online resources: The text is accompanied by online resources containing a glossary of terms for students. For lecturers the site provides a test bank of multiple choice questions and PowerPoint slides to use in teaching.

Part I: The Importance of Equity 1: What is equity? 2: Equitable obligations 3: Equity and the management of property Part II: Creating the Relationship 4: Certainty 5: Constitution of trusts 6: Formalities 7: Policy limits Part III: Resulting and Constructive Trusts 8: Resulting trusts 9: Constructive trusts Part IV: Equity in Action 10: Interests in the family home 11: Evolution of rights in the family home 12: Proprietary estoppel 13: Clubs and societies 14: Wills and inheritance Part V: Charities 15: The role and status of charities 16: Charitable trusts 17: Cy-pres: redistributing funds and changing purposes 18: Control and Regulation of charities Part VI: Allocation of Benefit 19: Choosing who benefits 20: Fixed trusts 21: Powers of appointment 22: Discretionary trusts 23: Powers of advancement and maintenance 24: Variation of beneficial trusts Part VII: Managing Trusts 25: Management and delegation 26: Investment 27: Changing the trustees Part VIII: Checks, Controls, and Remedies 28: Control and accountability 29: Remedies against the trustee for breach of trust 30: Fiduciary duties 31: Remedies against strangers to the trust 32: Tracing Part IX: Equity's Contribution to Remedies 33: Rescission, rectification and account 34: Specific performance 35: Injunctions