Economic Structure of Trusts
Subtitle: Towards a Property-Based Approach
Publisher: Oxford University Press
Published: 2011
Language: eng
Number of pages: 230
ISBN-13: 9780199602407
Subjects: Trusts and trustees
Description: Providing an economic account of why trusts exist and how trust law should be shaped, this book explains the economic benefits of trusts as an extension of the law of property, arguing against accounts of trusts law grounded in the law of personal obligations. The theoretical model is then used to criticise recent developments in the law.