Trust Law (4th Edition)

Author: (English) Hayton (Hayton, D.J.) Author, translated by Zhou Yi, Wang Hao
Publisher:
Publish Date: 2004-08-01
Features: This book primarily discusses the trust law of England and Wales, providing a detailed introduction to the current state of these laws, as well as highlighting potential future developments. The book also references trust laws from other countries. Such research is important because the introduction of trust laws from these countries can better highlight the characteristics of British trust law and also point out the vast scope for the development of trust law. The new edition of this book introduces the dynamic role of equity and trusts (e.g., cohabitors who have legally acquired rights in the family through informal means). It also emphasizes that equity relies on the shock to the conscience of the defendant before intervening, and that equity insists on treating fiduciaries who have acted improperly as good persons (depriving them of the right to exploit their mistakes) to fully protect the interests of beneficiaries.