Pearce & Stevens' Trusts and Equitable Obligations

Written in a fresh and lively style and supported by a strong analytical framework, the sixth edition of Pearce & Stevens' Trusts and Equitable Obligations continues to provide students with a relevant and exciting examination of a subject that can seem remote and difficult.

The authors take a modern and conceptual approach to the wide array of topics covered in undergraduate equity and trusts modules, helping students explore the many ways trusts impact on every day life and in the world of finance and commerce. The text is accessible without compromising detailed critical comment, and engages with key issues such as the protection of privacy, enforcing informal promises, trusts and the family home, and assessing public interest in charities.

Online Resource Centre
The text is accompanied by an Online Resource Centre containing updates and a glossary of terms for students. For lecturers the site provides a test bank of multiple choice questions and PowerPoint slides to use in teaching.

Robert Pearce, Formerly Vice-Chancellor of the University of Wales, Lampeter and Professor of the Law of Property and Equity, University of Buckingham,Warren Barr, Faculty Lead Humanities and Social Sciences, Senior Lecturer in Law, University of Liverpool

Robert Pearce is the former Vice-Chancellor of the University of Wales, Lampeter and a former Professor of the Law of Property and Equity at the University of Buckingham.

Warren Barr is a Senior Lecturer in Law and Faculty Lead Humanities and Social Sciences at the University of Liverpool.

Part 1: Introductory
1. Equity today
2. Historical introduction
3. Equity and the law of property
4. Equitable obligations: trusts and powers
5. Equity and the management of property
6. Equitable remedies in modern English law
Part 2: Creating the Relationship
7. Substantive and formal requirements for the creation of express trusts
8. Secret trusts
9. Resulting trusts
10. Constructive trusts
11. Trusts of the family home
12. Mutual wills
Part 3: Allocation of Benefit
13. Introduction to allocation
14. Defined interests
15. Powers of advancement and maintenance
16. Powers of appointment and redistribution
17. Discretionary trusts
18. Variation of beneficial interests
19. Charities
20. Winding up funds
Part 4: Asset Management
21. Holding trusts and nominee holdings
22. Management powers
23. Investment and reinvestment
24. Collective assets and investments
25. Delegation by trustees
26. Appointment, removal and retirement of trustees
27. Accountability of trustees
Part 5: Checks and Controls
28. Control of trusts and trustees
29. Remedies against the trustee for breach of trust
30. Fiduciary position of trustees
31. Remedies against strangers to the trust
32. Tracing