Source: http://www.profectional.com/cpd/evt000000231/
Timestamp: 2019-04-21 04:25:26+00:00

Document:
When is a Gift a Trust?
Over the last 50 years the common law courts have attempted to develop principles dealing with disputed ownership of property. In this time distinct principles and new doctrines have developed with regard to different forms of property, for example the common intention constructive trust has usurped the presumption of resulting trust in disputes involving the ownership of the family home between unmarried cohabiting coupes; and traditional doctrines have been relegated to residual presumptions or abolished as anachronistic and inappropriate for modern societal and familial needs, for example the presumption of advancement in England.
However, recent decisions of the Privy Council in Marr v Collie (Bahamas)  UKPC 17 and Whitlock v Moree (Bahamas)  UKPC 44, may have resurrected the presumption of resulting trust and, by association, the presumption of advancement. These decisions may also have clarified or confused the law in various areas for example: the new presumptions identified in Stack v Dowden  UKHL 17 and Laskar v Laskar  EWCA Civ 347; the law regarding beneficial ownership of money held in joint bank accounts; the importance of the common intention constructive trust; and the importance of the intention of the donee or settlor when property is transferred into the joint names of the donee or settlor and the name of another.
This seminar considers these recent decisions and attempts to construct a framework that may be used to clarify interests in property from their consideration of earlier judgments in Stack v Dowden  UKHL 17, Laskar v Laskar  EWCA Civ 347 and Jones v Kernott  UKSC 53. The evidential principles that should be applied will be considered in the light of the Court of Final Appeal decision in Leung Wing Yi Asther v Kwok Yu Wah (2015) 18 HKCFAR 605 and the Rule in Shephard v Cartwright.
Home > CPD/CLE Courses > "The Glorious Uncertainty of the Law": Developing an "Equitable Toolkit" from "First Principles" for a "Plain Man’s Guide to the Law of Co-Ownership" of Personal Property, Money in Bank Accounts and Real Property - When is a Gift a Trust?

References: UKPC 
 UKPC 
 UKHL 
 EWCA 
 UKHL 
 EWCA 
 UKSC