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Beneficiary principle information


The beneficiary principle is a policy of English trusts law, and trusts in Commonwealth jurisdictions, that trusts which do not have charitable objects, as under the UK Charities Act 2006 sections 2 and 3, and also do not make the trust property available for the benefit of defined people (i.e. beneficiaries), are void.

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Beneficiary principle

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The beneficiary principle is a policy of English trusts law, and trusts in Commonwealth jurisdictions, that trusts which do not have charitable objects...

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English trust law

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however, simply an articulation of the general principle from Saunders v Vautier that beneficiaries of full age and sound mind may, by consensus, dissolve...

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Purpose trust

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trusts of all kinds had been upheld as valid. He contends that the "beneficiary principle" has been misunderstood. His views have received support from Professor...

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Re Endacott

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5 is an English trusts law case, concerning the policy of the "beneficiary principle". It held that outside of trusts for animals, graves and saying...

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Letter of credit

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promise to pay the seller upon presentation of certain documents. Once the beneficiary (the seller) receives the letter of credit, it will check the terms to...

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Morice v Bishop of Durham

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J80 is an English trusts law case, concerning the policy of the beneficiary principle. General Mordaunt Cracherode (died 20 June 1773, or in 1768 by some...

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Brown v Burdett

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Brown v Burdett Court High Court Citation(s) (1882) 21 Ch D 667 Court membership Judge(s) sitting Bacon VC Keywords Trusts, beneficiary principle...

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Re Bowes

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507 is an English trusts law case, concerning the policy of the "beneficiary principle". It held that a trust which uses words relating to a purpose of...

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Saunders v Vautier

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Vautier, but there seems no reason in principle where a discretionary trust with a specific list of named beneficiaries could not terminate the trust under...

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Mordaunt Cracherode

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Durham in 1805, an important English trusts law case concerning the beneficiary principle; the trust was held to be invalid. List of governors of Menorca...

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McPhail v Doulton

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not equally among the potential beneficiaries), stated the following: As a matter of reason, to hold that a principle of equal division applies to trusts...

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Conservative and Unionist Central Office v Burrell

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[1981] EWCA Civ 2 is an English trusts law case ruling on the "beneficiary principle". The Inland Revenue sought to define the party, a mixed-money,...

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User pays

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be obligated to pay for it. As long as the beneficiary aligns exactly with the user, the user-pays principle works. Those who do not go to a movie are...

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Privity of contract

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The doctrine of privity of contract is a common law principle which provides that a contract cannot confer rights or impose obligations upon anyone who...

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Humanitarian principles

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principles that governs the way humanitarian response is carried out. The principle is central to establishing and maintaining access to affected populations...

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Clayton Mordaunt Cracherode

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Durham in 1805, an important English trusts law case concerning the beneficiary principle, in which the trust the will purported to create was held to be...

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Per capita

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head"). It is also used in wills to indicate that each of the named beneficiaries should receive, by devise or bequest, equal shares of the estate. This...

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Contract

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are given to beneficiaries once they come into existence. An example of a non-existent beneficiary is an unborn child. The beneficiaries must not be at...

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Unification Church

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followers honor with the title "True Parents". Moon's book, The Divine Principle, informs the beliefs of the Unification Church. Moon considered himself...

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