Animal Trust? Whether animal can be the beneficiaries of a trust or not.
Friday, February 19, 2010
Hello world! This blog actually for my file storage and reference. I keep all my assignments, info's, comments and criticisms about the legal matters especially in Malaysian Legal System. Enjoy this blog n I appreciate for all your comments & suggestions.Thank you.:>_REX.
Certainty of subject matter
A trustee must be able to identify precisely the trust property he is to hold on trust. Doubt as to the quantum may result in the trust failing to satisfy the requirement. In the case Palmer v Simmonds, the word "bulk" show the uncertainty on how much should the property be given to the beneficiary, the court held that it is not sufficiently certain for the purpose to create trust.
Meanwhile, in Sprange v Barnard, the court held that the remaining part was left and it is not sufficiently certain, thus the husband took beneficially. In the case Jackson v Hamilton, the word "reasonable income" can be said as a certainty of subject matter.
Certainty of the Object
-refers to whether the beneficiaries who will receive the benefit can be clearly ascertained.
In the case Morice v Bishop of Durham, it was stated every trust must have definite object. There must be somebody, in whose favour the court can decree performance.
- non-charitable purpose are invalid unless they fall into limited exceptions.
Certainty
3 certainty must be satisfied : ( based on the case Foreman v Hazard)
1. certainty of intention to create a trust
2. certainty of the subject matter
3. certainty of the object
Certainty of intention
- no particular words is required to created a trust (equity looks to intent rather that form)
- " a trust can be created by any language which is clear enough to show an intention to create it" (Halsbury's Law of Malaysia)
- the words used to convey the intention must be sufficiently expressive.
In the case of Quah Eng Hock v Ang Hoi Kiam, the court referred to the need for the words used to be clear & unequivocal & held that words indicating that the donor intended to divest himself
or herself of the beneficial interest woul be sufficient for the purpose.
In Comiskey v Bowring-Hanbury, majority House of Lords held that a trust had been created & on the death of the widow, the property would pass to the nieces as provided for in the will.
Besides, in the case Re Chianch Ke Hu, the expression " I direct my executorto distribute among such persons professing or practising the Budist religion..." was held that words were sufficiently imperative as to create a trust, although it failed as there was uncertainty in relation to the object.
To be continue..
A bailment is to be distinguished from a trust in that it only confers possessory title to property, rather than proprietary right, upon a bailee. A bailment will not, in itself, create a trust. If the property is expressly conferred to a bailee for the benefit of third parties, then a trust in favour of the third parties may arise. However, the mere transfer of possession is, in itself sufficient. A bailment confers possession of property to a third party for certained defined purposes. Common Law will enforce a breach of the terms of the bailment specifically create a trust, no equitable relief will be available.
The distinction between trust & bailment is well evidenced in the dealings that a trustee & bailee may have with third parties. A trustee may pass the property on to an innocent third party purchaser. A bailee cannot pass any proprietary title on becouse a bailee only holds a possessary title. Furthermore, a bailment can only arise with respect to personal property, whereas a trust can be created over real or personal property.
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