The Law of Trusts Consultation Times: Tuesday (9.30-10.30) WEEK 1: INTRODUCTION TO TRUSTS What is a Trust? Where one person is legally obligated to hold an asset for the benefit of another person Incomplete description; trusts can arise where one person is legally obligated to hold an asset for a specified purpose and not for an individual person…e.g. trusts for charitable purposes (don’t raise obligations to benefit any one person as such‚ but raise benefits for a specific purpose)
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Chaucer And Estate Satire The meanings of the word “estate” defined by the Middle English Dictionary is ‘a class of persons‚ especially a social rank or a political class or group; also a member of particular class or rank’. The idea of the "estates" is important to the social structure of the Middle Ages. (Mann‚ Jill. Chaucer And Medieval Estate Satire. Introduction. London: Syndics of Cambridge University Press‚ 1973. 1-7.Print.) Feudal society was traditionally divided into three "estates". The "First
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Discretionary Trusts and the concept of a sham trust. (a) The central theme regarding trusts is that they are assets that are legally owned by the trustees and not the beneficiaries. In a discretionary trust‚ the trustees have discretion as to who among a class of beneficiaries should receive income and/or capital under the trust and in what proportion (e.g. Mettoy Pension Trustees Ltd v. Evans [1990] 1 WLR 1587). So until a beneficiary is chosen to receive income or capital‚ they do not possess
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he LThe Law of Distressed Real Estate Foreclosure‚ Workouts‚ Procedures By Baxter Dunaway This article is a reprint of Chapter 24 of The Law of Distressed Real Estate‚ and includes the latest information in real estate workout‚ foreclosure and bankruptcy law. It is an exhaustive analysis and dissection of the bankruptcy reorganization process under Chapter 11 of the Bankruptcy Code and focuses on single-asset real estate entities and cases. This chapter was written by John C. Murray‚ Esq.‚ Vice
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nobility Comments The Third Estate comprised about 25 million people – the majority of France’s population: the bourgeoisie‚ or the middle class‚ peasants‚ and all other commoners There was a wide range of social hierarchy within the 3rd estate there were innumerable social ranks‚ tied to occupation‚ purchasing power‚ size and type of land tenure‚ citizenship‚ ownership of farm animals‚ and free or unfree status Unlike the First and Second Estates‚ the Third Estate were compelled to pay taxes
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ADVANCED TAXATION Estate and Gift Tax I Alan Davis CHINESE PROVERB: “Tell me‚ I’ll forget. Show me‚ I may remember. But involve me and I’ll understand.”1 "To talk much and arrive nowhere is the same as climbing a tree to catch a fish”2 “One who talks does not know‚ one who knows does not speak.”3 SPECIAL TAX RATE FOR DIVIDENDS - The great tax debate of 2003 concerned the taxation of dividends. Prior to 2003‚ dividends were given no special treatment in the law. Conservatives argued
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Civil War Project 1. You must choose a topic for a project from the list below. You will work individually on this project. This is an oral presentation that must be 5-7 minutes. 2. Project presentations will take place on the week of May 28 3. This is an oral presentation. This is worth a test grade. 4. Pre-presentation work requirements: Notes on graphic organizer/bibliography due: March 18th Notes cards used during your presentation[due after presentation] 5. Media Center research
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The film The Fifth Estate is a prime example of how communication technologies can impact individuals‚ groups and institutions. The film focuses on the Wikileaks saga that occurred between 2008 and 2011. To assess how communication technologies can impact individuals‚ groups and institutions the following will be discussed: What the Wikileaks site is about‚ How the wiki leaks issue impacted individuals and institutions‚ How technology advances have impacted the way we communicate and how the Wikileaks
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Residential Real Estate Investing - Five Questions to ask yourself By Joe Manausa Manausa Feb 23‚ 2013 Do you dream of getting involved with Residential Real Estate Investing? Is this something that you want to focus on in the near future? If so‚ it is important to note that this is not a "get rich quick" scheme. There are a lot of people out there who will tell you want you want to hear. They will tell you that residential real estate investing can lead to millions of dollars in no time at all.
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Introduction 3 Overview 3 The Company 3 Situational Analysis 3 II. Case Analysis 3 Considerations 3 Purchasing 4 Recommendation 5 III. Summary & Conclusions 5 IV. References 5 V. Appendix 6 I. Introduction Overview This case provides real estate market data for the analysis of an office lease-or-buy decision. The case demonstrates what is known as the “leasing puzzle” – the answer simply being that the two forms of financing are not cost equivalent in the presence of capital market imperfections
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