Law of Trusts

[shikamaru]

Bail.

Think about it with banks ....

You as depositor (bailor) give your property to the bank (bailee) for safe storage and keeping.

The only difference in this relationship between a traditional bailment relationship is that the legal title of the notes transfers to the bank leaving you with an equitable right to retrieve FRNs from your account with the bank.

An account is a chose in action. A chose in action is the right to sue for recovery of a debt. Chose is French meaning "thing". An action is a legal suit.

[shikamaru]

I believe it helps to study Land Law and property law first before studying trusts.

Also, keep jural relationships with their respective parties in mind.

A study of the Law of Agency will aide in the study of trusts.

[Chex]

Where dear reader is the ORIGINAL TRUST DEED? The Act specifically is what we are after that conveyed all Real Property into Trust?

Found one: http://www.harwoodandrews.com.au/res..._July_2007.pdf

[Michael Joseph]

Egypt was promised by God that they would always be a base nation, a small nation and never a superpower, but that they would always would exist as a nation. Therefore today they are the oldest continuous government that is in existence.

[yebliker]