Equity and Trust in UK Essay -- fully secret trust, half-secret trust

Consider the validity and effect of the pursuance two clauses in the pull up stakes of Dan a) I go away my cottage, at 42 Drumsesk Road, to my friend Gurpreet in full confidence that he give shun of it in accordance with the instructions given to him during my lifetime. Just origin exclusivelyy Dan signed the will, he told Gurpreet that he had left a sum of cash in the will to Gurpreet which he wanted him to hold for the benefit of jenny ass. Gurpreet witnessed the will. Jenny died two days before Dan leaving two children. b) I leave my residuary estate to my brothers Ken and surface-to-air missile jointly. A a few(prenominal) days before the execution of the will Dan gave Ken a so apply windbag, saying these are some instructions I want you and Sam to elevator carry out when I die. Ken replied you do it you advise rely on me if its beautiful with Sam its fine with me. A year later Sam and Dan were killed in a car accident. The sealed envelope says that Dan wanted his residuary estate to pass to his youngest tidings Joseph. Advise the executors of Dans will.Secret self-assertion evolved as a resolution act to the Wills Act 1837 and was originally created to prevent fraud. As the House of Lords held that comeliness will not allow a statute to be used as an instrument of fraud by the secret trustee .It is a concealed arrangement made between a testator and the trustee and is made to come into force after death. A justification for ST is the dehors the will theory which means the trusts arise outside of the will - a inhume vivos trust. Its purpose is to benefit another individual that hasnt been written in the formal will. The testator will leave property to the trustee to a lower place the will with the understanding that they will hold the property as a gift for which they will then later on be judge to pas... ...y to the real beneficiary. Therefore implying that regardless of Sams passing away, as Ken had obtained consent on her behalf , before the testator died, the trust will still proceed, and Joseph will obtain Dans residuary estate.After establishing that this trust is a FST, one must again asses as to whether this trust fulfils all the requirements needed to become binding. Intention was established when Dan gave Ken the sealed envelope with the terms of the trust. Communication was proven when Ken and Dan had an oral conversation in regards to the terms of the trust, Communication was also proven as in Re Keen stated that envelope and letter stating the terms was seen as equal amount of communication. Finally acceptance was proven when Ken stated you know you can rely on me. Concluding that the FST is binding, and Joseph will indeed take in the trust.