• Non Charitable Trusts Are Purpose Trusts Charitable?

     

    Essays2 Law

Evaluation:
Published: 09.09.2002.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
  • Essays 'Non Charitable Trusts Are Purpose Trusts Charitable?', 1.
  • Essays 'Non Charitable Trusts Are Purpose Trusts Charitable?', 2.
Extract

Non-Charitable trusts are a quandary in English law. A Testator can leave property or money to a human being in the normal trust sense, and can donate to a charitable organisation. However he cannot if he chooses, donate money for the upkeep of a family pet. Other world jurisdictions such as the Cayman Islands, Bermuda and closer to home, Jersey and Isle of Man allow this, but UK law doe not.
The concept of a trust was created and developed by equity. Many of the ideals developed by equity are now embodied by statute, an example being the Trustee Act 1925. The trust was first created to fi…

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