What is a Beneficiary? | The Beneficiary Principle

Описание к видео What is a Beneficiary? | The Beneficiary Principle

Subscribe to my personal channel for videos on how to study law effectively & efficiently:    / @heygarethevans   The beneficiary principle holds that a trust can be valid only if it has a beneficiary. So the beneficiary principle is positing that it is impossible to create a trust that lacks a beneficiary. Youu cannot create a valid trust without a beneficiary.

Grant MR in Morice v Bishop of Durham: “there must be someone in whose favour the court can decree performance”

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