Document Type

Presentation

Publication Date

6-24-2016

Disciplines

Estates and Trusts | Law

Abstract

The historical evolution of express donative trusts in the English Middle Ages down to today both explains and frames the basic elements of a common law trust. Today, trusts in common law countries - and also in many civil law jurisdictions with the exception of China - are utilized in the private donative context to preserve and administer family wealth in ways not otherwise achievable. This paper outlines the basic elements of a common law donative trust from a functional perspective, explaining how trust work as a form of gratuitous transfers and why,

Publication Title

Southwest University of Political Science and Law

Location

Yubei District, Chongqing, People's Republic of China

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