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Paul v Constance: What Creates A Trust?

Автор: What Is Law Even

Загружено: 2020-05-31

Просмотров: 2510

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Let's talk about that time when a guy's casual comments entitled his mistress to have a share in his bank account.

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To check out all my videos, comics, and blog posts explaining law in simple terms, check out my website at https://whatislaweven.com ^^

Art by the amazing Xiao Tong! Please feel free to check her stuff out here:
  / xiaotongt  

~

ADDENDUM ON THE HOLDING IN PAUL V CONSTANCE:
Note that on the facts of the case, the court construed the phrase "the money is as much yours as mine" as a declaration that the beneficial interest over the bank account would be held in EQUAL shares. So Mrs Paul got half a share under the trust, and Mr Constance got half a share as well, which succeeded to Mrs Constance by intestate succession.

Paul v Constance: What Creates A Trust?

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