Episode 12: The Three Certainties and Practical Considerations
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Episode 12: The Three Certainties and Practical Considerations
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Dr Sarah McKibbin unpacks the foundational requirements for creating a valid express trust — certainty of intention, subject matter, and objects — through a blend of legal theory, practical insight, and case analysis.
Explore how courts determine whether a trust was truly intended, even when formal documentation is lacking. Learn why vague language like 'in fullest confidence' may not be enough, and how modern courts apply an objective test to assess trust intention, as seen in Byrnes v Kendle.
Delve into the challenges of defining trust property, especially with fungible assets like shares, and how courts balance legal precision with commercial reality. Discover how the law distinguishes between fixed and discretionary trusts, and why identifying beneficiaries with certainty is crucial for enforceability.
⚖️ Perfect for: Law students mastering trust creation, legal professionals drafting or litigating trust deeds, and anyone interested in how equity balances formality with fairness.
📻 Credits
Host & Producer: Dr Sarah McKibbin, University of Southern Queensland
Audio Production & Sound Design: Ben Meares
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