What you'll learn
What you actually need to know for the SQE 1 exam for Trusts is explained in this video:
Course content
Certainty, and certainty of intention (The three certainties of intention, subject matter and objects)
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What 'certainty of subject-matter' means (The three certainties of intention, subject matter and objects)
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Treatment of parts of groups of things (Certainty of Subject-Matter)
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Certainty of beneficial interests (Certainty of Subject-Matter)
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Fixed interest trusts (Certainty of objects - The three certainties of intention, subject matter and objects)
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Discretionary trusts (Certainty of objects)
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Administrative unworkability (Certainty of objects)
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The beneficiary principle and the rules against perpetuity (Creation and requirements of express trusts)
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Formalities to create an express inter vivos trusts (Creation and requirements of express trusts)
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Constitution of express inter vivos trusts and exceptions to the rule that equity will not assist a volunteer (Creation and requirements of express trusts)
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Fixed interest trusts: vested interests, contingent interests, successive interests & discretionary trusts (Beneficial entitlement)
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The rule in Saunders v Vautier (Beneficial entitlement)
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Charitable purpose trusts (The distinction between charitable trusts and non-charitable purpose trusts)
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Non-Charitable purpose trusts (The distinction between charitable trusts and non-charitable purpose trusts)
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Presumption of resulting trust (Resulting Trusts - Implied Trusts and Trusts of the Family Home)
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Purchase money (Resulting Trusts - Implied Trusts and Trusts of the Family Home)
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The presumption of advancement (Resulting Trusts - Implied Trusts and Trusts of the Family Home)
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Automatic resulting trusts (Resulting Trusts - Implied Trusts and Trusts of the Family Home)
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Joint ownership (The Family Home - Implied Trusts and Trusts of the Family Home)
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Where there is joint ownership of the legal title (The Family Home - Implied Trusts and Trusts of the Family Home)
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Where the property is held in the sole name of one person (The Family Home - Implied Trusts and Trusts of the Family Home)
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Inferred common intention with detrimental reliance (The Family Home - Implied Trusts and Trusts of the Family Home)
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Proprietary Estoppel (The Family Home - Implied Trusts and Trusts of the Family Home)
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Who can be a trustee; appointment, removal and retirement of trustees (Trustees)
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Trustees’ statutory power of advancement (Trustees)
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Trustees’ statutory power of maintenance (Trustees)
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Can trustees be compelled to exercise their power or discretion? (Trustees)
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Trustees’ general duties (Trustees)
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Types of investments (Trustees’ duty to invest (and powers in relation to investment) - Trustees)
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What investments are authorised under the Trustee Act 2000? (Trustees’ duty to invest (and powers in relation to investment) - Trustees)
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What duties govern their investments? (Trustees’ duty to invest (and powers in relation to investment) - Trustees)
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Delegation (Trustees’ duty to invest (and powers in relation to investment) - Trustees)
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The fiduciary relationship - who are fiduciaries? (The fiduciary relationship and its obligations)
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The duty not to profit from a fiduciary position or put yourself in a conflict of interest (The fiduciary relationship and its obligations)
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Can trustees ever receive remuneration from the trust? (The fiduciary relationship and its obligations)
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The dealing rules (Breaches of fiduciary duty - The fiduciary relationship and its obligations)
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Competition with the trust (Breaches of fiduciary duty - The fiduciary relationship and its obligations)
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Incidental profits (Breaches of fiduciary duty - The fiduciary relationship and its obligations)
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Use of information or opportunities (Breaches of fiduciary duty - The fiduciary relationship and its obligations)
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Remedies (Breaches of fiduciary duty - The fiduciary relationship and its obligations)
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Trustees’ liability for breach: Personal claims
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What are proprietary claims? (Trustees' liability for breach: Proprietary claims)
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What happens where there has been no change in the trust property? (Trustees' liability for breach: Proprietary claims)
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What happens where there has been a clean substitution? (Trustees' liability for breach: Proprietary claims)
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What happens where the trust property is mixed with other property? (Trustees' liability for breach: Proprietary claims)
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How are withdrawals from a mixed account allocated? (Trustees' liability for breach: Proprietary claims)
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Liability of strangers to the trust (The nature of equitable remedies and the availability of tracing in equity (remedies against third parties))
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Accessory liability (Personal claims against strangers - The nature of equitable remedies and the availability of tracing in equity (remedies against third parties))
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Recipient Liability - Knowing receipt (Personal claims against strangers - The nature of equitable remedies and the availability of tracing in equity (remedies against third parties))
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Introduction (Equitable proprietary claims against strangers - Personal claims against strangers - The nature of equitable remedies and the availability of tracing in equity (remedies against third parties))
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Claims against wrongdoers (Equitable proprietary claims against strangers - Personal claims against strangers - The nature of equitable remedies and the availability of tracing in equity (remedies against third parties))
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Claims against an innocent volunteer (Equitable proprietary claims against strangers - Personal claims against strangers - The nature of equitable remedies and the availability of tracing in equity (remedies against third parties))
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Defence available to the innocent volunteer (Equitable proprietary claims against strangers - Personal claims against strangers - The nature of equitable remedies and the availability of tracing in equity (remedies against third parties))
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Why sign up?
✅ Focused material: You’ll learn just what you need to know to pass trusts part of the SQE 1 exam - no more and no less - so that you’ll learn faster, in less time, and you avoid getting lost in reams of unnecessary study material.
✅ Practice tests: You can test your knowledge on trusts part of the SQE 1 exam with us as you go along with practice SQE 1 exam questions and worked answers, so that you’re familiar with the exam format and the kinds of questions that could be asked in the SQE 1 exam;
✅ Visual learning: So the course provides unique diagrams on the trusts you won’t find anywhere else, distilling what you need to know for the exam, and videos and manageable, bite-sized colourful study notes. This means you’ll understand the material faster and retain the knowledge longer so you remember it when you’re in the exam.
