Classification: International Law; 

Book Description

This is a concise and easy to use, paperback guide for the general practitioner on the often-overlooked subject of making a declaration of trust at the end of a main transaction to protect a client's interests. With the increase in joint mortgages and cohabiting couples this is a topic of growing importance. Every aspect of the book has been designed for ease of use. Each chapter deals with a different scenario where a declaration of trust can be used. Every one begins with succinct commentary explaining law, procedure and points to watch out for - and concludes with a ready-to-use collection of all the relevant precedent material. * Provides highly practical guidance on a frequently ignored aspect of private client work * Shows how to protect a client's interest in all situations where a declaration of trust can be used * Covers transactions such as property purchases, joint ownership, wills, insurance policies and company shareholdings * Organised transaction-by-transaction so practitioners can go straight to relevant advice * Contains over 40 precedents ready for use * Features all the precedents on a CD-ROM for rapid drafting * Includes a new section on mutual wills * Deals with the implications of recent major legislation - such as Stamp Duty Land Tax and the Land Registration Act 2002

Contents

General principles. Property purchased as tenants in common. Property purchased by beneficial joint tenants. Subsequent adjustments of interests. Legal owner of dwellinghouse holding for another (or for self and another). Insurance policies. Company shareholdings. Invisible assets. In conjunction with wills - the half secret trust.