objects Queensland Trustees Ltd v Commissioner of Stamp Duties (Qld) – (1952) 88 CLR 54. If there is no attainable default provision, the No Default Provision – property would return on resulting trust to the settler or the testators estate Lutheran Church v Farmers Co-operative Executors and – (1970) 121 CLR 628 Trustees Ltd When the class described in the power is or Is the Power Valid – general special. In [1981] 3 All ER 786, and in Hybrid Powers Re Hays Settlement Trust Re – [1973] 2 All ER 103 the English authorities contend Manistys Settlement – that Hybird powers are valid powers. Some states require that the powers are only valid inter Inte vivos – vivos however in Victoria, s48 of the provides that Wills Act 1997 – they are valid in wills.
objects – Queensland Trustees Ltd v Commissioner of Stamp Duties (Qld) (1952) 88 CLR 54. No Default Provision – If there is no attainable default provision, the property would return on resulting trust to the settler or the testators estate – Lutheran Church v Farmers Co-operative Executors and Trustees Ltd (1970) 121 CLR 628 Is the Power Valid – When the class described in the power is general or special. Hybrid Powers – In Re Hays Settlement Trust [1981] 3 All ER 786, and in Re Manistys Settlement [1973] 2 All ER 103 – the English authorities contend that Hybird powers are valid powers. Inte vivos – Some states require that the powers are only valid inter vivos – however in Victoria, s48 of the Wills Act 1997 provides that they are valid in wills.
Trusts_Summary.docx