ADVANCED TRUSTS LAW
2017/2018, Semester 2
Modular Credits: LL4330 ( 4 ) / LL5330 ( 4 ) / LL6330 ( 4 )
The first part of the course concerns the use of the trust in the world of private estate planning. It will examine how private trusts are used to manage family wealth, with emphasis on developments in the 'offshore world'. Among the issues we will explore are: how trusts may be used to protect assets, how trustees' discretions may be controlled, how the exercise of trustee powers may be impeached, and the rights of objects of trusts.
The second part concerns trusts and commercial transactions. Among the topics we will explore are: creditor trusts, constructive trusts, bonds and intermediated holding of securities, and the relationship between trusts and equitable assignments and equitable charges. By comparing commercial trusts with private trusts, we will also ask whether there are any significant differences in the way in which the trust device is used, in particular in relation to the rights, powers, and duties of trustees and beneficiaries.
NUS Compulsory Core Law Curriculum or equivalent.
Mode of Assessment:
6-hr Take Home Exam (4000 words max) - 100% [Release: Fri 23 March 2018 (1pm); Due: Fri 23 March 2018 (7pm)]
9 session over 3 weeks: Three 3hr weekly seminar
Intensive course: Wk 4 - 6; Dates: 5 - 23 Feb 2018 [Mon, Wed: 6.30 - 9.30pm; & Fri: 2.30 - 5.30pm] [*make-up seminars for 16 Feb on Sat, 10 Feb 2018 (1 - 4pm)]