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Discretionary trust and English trust law

Shortcuts: Differences, Similarities, Jaccard Similarity Coefficient, References.

Difference between Discretionary trust and English trust law

Discretionary trust vs. English trust law

A discretionary trust, in the trust law of England, Australia, Canada and other common law jurisdictions, is a trust where the beneficiaries and/or their entitlements to the trust fund are not fixed, but are determined by the criteria set out in the trust instrument by the settlor. English trust law concerns the creation and protection of asset funds, which are usually held by one party for another's benefit.

Similarities between Discretionary trust and English trust law

Discretionary trust and English trust law have 13 things in common (in Unionpedia): Beneficiary (trust), Charitable trust, Constructive trust, Finance Act, Inheritance tax, Matrimonial Causes Act 1973, McPhail v Doulton, Resulting trust, Saunders v Vautier, Settlor, Taxation of trusts (United Kingdom), Trust law, Trustee.

Beneficiary (trust)

In trust law, a beneficiary or cestui que use, a.k.a. cestui que trust, is the person or persons who are entitled to the benefit of any trust arrangement.

Beneficiary (trust) and Discretionary trust · Beneficiary (trust) and English trust law · See more »

Charitable trust

A charitable trust is an irrevocable trust established for charitable purposes and, in some jurisdictions, a more specific term than "charitable organization".

Charitable trust and Discretionary trust · Charitable trust and English trust law · See more »

Constructive trust

A constructive trust is an equitable remedy resembling a trust (implied trust) imposed by a court to benefit a party that has been wrongfully deprived of its rights due to either a person obtaining or holding a legal property right which they should not possess due to unjust enrichment or interference, or due to a breach of fiduciary duty, which is intercausative with unjust enrichment and/or property interference.

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Finance Act

Finance Act refers to the headline fiscal (budgetary) legislation enacted by the UK Parliament, containing multiple provisions as to taxes, duties, exemptions and reliefs at least once per year, and in particular setting out the principal tax rates for each fiscal year.

Discretionary trust and Finance Act · English trust law and Finance Act · See more »

Inheritance tax

A tax paid by a person who inherits money or property or a levy on the estate (money and property) of a person who has died.

Discretionary trust and Inheritance tax · English trust law and Inheritance tax · See more »

Matrimonial Causes Act 1973

The Matrimonial Causes Act 1973 (c 18) is an Act of Parliament of the United Kingdom governing divorce law and marriage in England and Wales.

Discretionary trust and Matrimonial Causes Act 1973 · English trust law and Matrimonial Causes Act 1973 · See more »

McPhail v Doulton

, also known as Re Baden's Deed Trusts (No 1) is a leading English trusts law case by the House of Lords on the certainty of beneficiaries.

Discretionary trust and McPhail v Doulton · English trust law and McPhail v Doulton · See more »

Resulting trust

A resulting trust (from the Latin 'resalire' meaning 'to jump back') is the creation of an implied trust by operation of law, where property is transferred to someone who pays nothing for it; and then is implied to have held the property for benefit of another person.

Discretionary trust and Resulting trust · English trust law and Resulting trust · See more »

Saunders v Vautier

, (1841) 4 Beav 115 is a leading English trusts law case.

Discretionary trust and Saunders v Vautier · English trust law and Saunders v Vautier · See more »

Settlor

In law a settlor is a person who settles property on trust law for the benefit of beneficiaries.

Discretionary trust and Settlor · English trust law and Settlor · See more »

Taxation of trusts (United Kingdom)

The taxation of trusts in the United Kingdom is governed by a different set of principles to those tax laws which apply to individuals or companies.

Discretionary trust and Taxation of trusts (United Kingdom) · English trust law and Taxation of trusts (United Kingdom) · See more »

Trust law

A trust is a three-party fiduciary relationship in which the first party, the trustor or settlor, transfers ("settles") a property (often but not necessarily a sum of money) upon the second party (the trustee) for the benefit of the third party, the beneficiary.

Discretionary trust and Trust law · English trust law and Trust law · See more »

Trustee

Trustee (or the holding of a trusteeship) is a legal term which, in its broadest sense, is a synonym for anyone in a position of trust and so can refer to any person who holds property, authority, or a position of trust or responsibility for the benefit of another.

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The list above answers the following questions

Discretionary trust and English trust law Comparison

Discretionary trust has 29 relations, while English trust law has 436. As they have in common 13, the Jaccard index is 2.80% = 13 / (29 + 436).

References

This article shows the relationship between Discretionary trust and English trust law. To access each article from which the information was extracted, please visit:

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