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English trust law
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English trust law consists of the legal rules that relate to trusts in England and Wales. In English law, a trust is a legal relationship that involves one or more trustees holding an asset for a set
Trusts and fiduciary duties matter when property is managed by one person for another's benefit. Most trust money, which is invested by financial inst
Trusts and fiduciary duties matter when property is managed by one person for another's benefit. Most trust money, which is invested by financial institutions around the City's Royal Exchange, comes from people saving for retirement. In 2011, UK pension funds held over £1 trillion of assets, and unit trusts held £583.8 billion.
The National Trust, now a registered charity and endorsed by several Acts of Parliament, was established as a trust corporation in 1895, to hold prope
The National Trust, now a registered charity and endorsed by several Acts of Parliament, was established as a trust corporation in 1895, to hold property like Stourhead gardens (pictured) across the UK for the benefit of public recreation.
People's wills and testaments, like William Shakespeare's will here, often present difficulties in trust law where the meaning of what is intended is
People's wills and testaments, like William Shakespeare's will here, often present difficulties in trust law where the meaning of what is intended is not completely clear. The House of Lords, however, has said a trust should only fail if its meaning is "utterly impossible" to deduce.
During the 2008 financial crisis the insolvency of Lehman Brothers, whose sign was auctioned here at Christie's, led to a mass of litigation to sort o
During the 2008 financial crisis the insolvency of Lehman Brothers, whose sign was auctioned here at Christie's, led to a mass of litigation to sort out which bank investors might have sufficiently certain equitable rights in the financial assets, or who would be the unlucky unsecured creditors.
English land law
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English land law is the law of real property in England and Wales. Because of its heavy historical and social significance, land is usually seen as the most important part of English property law. Own
The area of land in England and Wales is 151,174 km2 (58,368 mi2), while the United Kingdom is 243,610 km2. By 2013, 82 per cent was formally register
The area of land in England and Wales is 151,174 km2 (58,368 mi2), while the United Kingdom is 243,610 km2. By 2013, 82 per cent was formally registered at HM Land Registry. In 2010, over a third of the UK was owned by 1,200 families descended from aristocracy, and 15,354 km2 was owned by the top three land owners, the Forestry Commission, National Trust and Defence Estates. The Crown Estate held around 1,448 km2.
The Charter of the Forest 1217, a companion to Magna Carta, embodied social rights for people to use common land for hunting and farming until more an
The Charter of the Forest 1217, a companion to Magna Carta, embodied social rights for people to use common land for hunting and farming until more and more was enclosed. Leaders of the Peasants' Revolt of 1381 preached that "matters goeth not well to pass in England, nor shall not do till everything be common, and that there be no villains nor gentlemen, but that we may be all unied [sic] together, and that the lords be no greater masters than we be".
The Court of Chancery could mitigate the injustice of strict common law rules of property, if the Lord Chancellor deemed it equitable. The court syste
The Court of Chancery could mitigate the injustice of strict common law rules of property, if the Lord Chancellor deemed it equitable. The court systems were merged by the Judicature Acts of 1873–1875.
After both World Wars, land management and housing increasingly came under social ownership and regulation, with new council homes, rights for tenants
After both World Wars, land management and housing increasingly came under social ownership and regulation, with new council homes, rights for tenants, and ownership interests in land recognised through contributions to family life.