• Overview
  • Aims and Learning Outcomes
  • Module Content
  • Indicative Reading List
  • Assessment

Undergraduate Module Descriptor

LAW3041B: Trusts

This module descriptor refers to the 2021/2 academic year.

Module Aims

The aims of the module are:

 

  • To achieve a critical understanding of the general principles of the law of Trusts, both in their own right and within the wider context of property law, and to do so by concentrating on selected topics which are studied in depth.

 

  • To achieve flexibility in the study of Trusts law, and selectivity within the considerable amount of material, so that problems in Trusts law can be correctly identified and addressed succinctly and accurately with full legal authority.

Intended Learning Outcomes (ILOs)

This module's assessment will evaluate your achievement of the ILOs listed here – you will see reference to these ILO numbers in the details of the assessment for this module.

On successfully completing the programme you will be able to:
Module-Specific Skills1. demonstrate detailed, comprehensive knowledge of the law of Trusts and a substantial range of major concepts, values and principles relevant to its application;
2. compare, analyse and synthesise the principal rules and theories relating to the law of Trusts;
3. select and assess appropriate techniques of evaluation and evaluate selected aspects of the law of Trusts critically.
Discipline-Specific Skills4. demonstrate detailed, comprehensive knowledge and understanding of a range of complex and technical legal concepts and principles;
5. define complex legal problems, identify their relative significance and select appropriate methods for investigating and critically evaluating them;
6. select, integrate and present, coherently and reflectively, relevant law and legal/theoretical arguments.
Personal and Key Skills7. demonstrate engaged, effective and accurate communication skills in a manner appropriate to the discipline / different contexts;
8. identify, retrieve and use efficiently a range of resources with minimum guidance;
9. demonstrate the ability to interact effectively and proactively within a team / learning group and to share information and ideas, and to manage conflict;
10. demonstrate the ability to work independently, within a limited time frame, to complete a specified task.

Module Content

Syllabus Plan

Whilst the module’s precise content may vary from year to year, it is envisaged that the syllabus will cover some or all of the following topics:

 

  • Private Trusts: Introduction; historical contextualisation; Distinction of trusts from other legal concepts; Creation of trusts; Formalities; Discretionary trusts.

 

  • Trusts Administration: Introduction to Trusteeship; Remuneration of trustees; Duty to maintain equality between beneficiaries; Investment; Powers of maintenance and advancement.

 

  • Other Trust Matters: Implied and Resulting trusts; Constructive trusts; Breach of Trust; Personal Remedies and Tracing;

 

  • Charities: Different forms of charity; Charities Act 2006 and the work of the Charity Commission and Charity Tribunal; Charitable nature; Disqualifying factors; Public benefit; Regulation of charities; Cy Pres doctrine.

Learning and Teaching

This table provides an overview of how your hours of study for this module are allocated:

Scheduled Learning and Teaching ActivitiesGuided independent studyPlacement / study abroad
552450

...and this table provides a more detailed breakdown of the hours allocated to various study activities:

CategoryHours of study timeDescription
Scheduled Learning and Teaching Activity5522 x 2.5 hour seminars
Guided Independent Study88Seminar preparation
Guided Independent Study32Formative assessment preparation
Guided Independent Study62Summative assessment preparation
Guided Independent Study63Individual reading preparation

Online Resources

This module has online resources available via ELE (the Exeter Learning Environment).

ELE – http://vle.exeter.ac.uk/

All handouts and related materials will be put up throughout the year by the module co-ordinator on an ELE Trusts site. This site will also be used at the discretion of the individual lecturers for distribution of slides, and tests.

Other Learning Resources

Comprehensive bound module materials written by the lecturers as described above.

How this Module is Assessed

In the tables below, you will see reference to 'ILO's. An ILO is an Intended Learning Outcome - see Aims and Learning Outcomes for details of the ILOs for this module.

Formative Assessment

A formative assessment is designed to give you feedback on your understanding of the module content but it will not count towards your mark for the module.

Form of assessmentSize of the assessment (eg length / duration)ILOs assessedFeedback method
Online activities (ELE quizzes)2,000 words1-10Individual indicative mark and individual written feedback, with supplementary oral feedback available. General comments given to whole cohort.

Summative Assessment

A summative assessment counts towards your mark for the module. The table below tells you what percentage of your mark will come from which type of assessment.

CourseworkWritten examsPractical exams
40600

...and this table provides further details on the summative assessments for this module.

Form of assessment% of creditSize of the assessment (eg length / duration)ILOs assessedFeedback method
Portfolio (x 3 pieces of work)4072 hours for each piece; 3,500 words in total1-10Individual written feedback, with supplementary oral feedback available.
Examination602 hours1-8, 10Individual written feedback, with supplementary oral feedback available.

Re-assessment

Re-assessment takes place when the summative assessment has not been completed by the original deadline, and the student has been allowed to refer or defer it to a later date (this only happens following certain criteria and is always subject to exam board approval). For obvious reasons, re-assessments cannot be the same as the original assessment and so these alternatives are set. In cases where the form of assessment is the same, the content will nevertheless be different.

Original form of assessmentForm of re-assessmentILOs re-assessedTimescale for re-assessment
Portfolio (x 3 pieces of work)Portfolio (x 3 pieces of work; as above)1-10August/September reassessment period
Examination Examination (2 hours)1-8, 10August/September reassessment period

Re-assessment notes

 

Indicative Reading List

This reading list is indicative - i.e. it provides an idea of texts that may be useful to you on this module, but it is not considered to be a confirmed or compulsory reading list for this module.

Basic reading:

 

There are no texts specified as essential but the following are all recommended for students to choose from;

 

Text Books

 

Virgo, Graham, The Principles of Equity and Trusts, 2012, Oxford University Press

 

Moffat, G., Trusts Law, Text and Materials, 5th ed. 2009, Cambridge University Press

 

Oakley, A. J., Parker and Mellows: The Modern Law of Trusts, 9th ed. 2008, Sweet and Maxwell

 

Pettit, P., Equity and the Law of Trusts, 11th ed. 2009, Oxford University Press

 

Panesar, S., Exploring Equity and Trusts, 2010, Pearson

 

Martin, J., Hanbury and Martin: Modern Equity, 18th ed. 2009, Sweet & Maxwell

 

Shorter Texts

Watt, G. Trusts and Equity, 3rd ed. 2008, Oxford University Press

 

Penner, J. E. The Law of Trusts, 5th ed. 2006, Oxford University Press

 

Hudson, A. Understanding Equity and Trusts, 3rd ed. 2008, Routledge-Cavendish

 

Edwards, R. and Stockwell, N. Trusts and Equity, 9th ed. 2009, Pearson Education.

 

Cases and Materials Book

Watt, G. Todd and Watt's Cases & Materials on Equity and Trusts, 7th ed. 2009, Oxford University Press

 

Burn, E. H. Maudsley & Burn's Trusts & Trustees Cases & Materials, 7th ed. 2008 Oxford University Press

 

Statute Book

A number of satisfactory books are on the market but two good ones are;

Thomas, M. Blackstone’s Statutes on Property Law 2009-10, 17th ed, Oxford University Press

 

Hewitson, R. Property Law Statutes 2010-11, Routledge