Podcast Location:
Download it here [file size: 19.4 MB]
Categories:
Charities
CPD Points:
Up to 1 point. details »

Due to the difference in guidelines between the SRA and the Bar Standards Board, CPD points are awarded differently for Solicitors, Barristers and Legal Executives:

Regulated by the Solicitors Regulation Authority:
Listen and pass the quiz: Gain 1 CPD point (60 minutes)
Listen only, gain ½ a CPD point (30 minutes)

Regulated by the Bar Standards Board:
Listen and pass the quiz: Gain 1 accredited CPD point (60 minutes)

Regulated by ILEX:
Listen and pass the quiz: Gain 1 CPD point (60 minutes)
Listen only, gain ½ a CPD point (30 minutes)

Cost:
  • FREE
Length:
30 minutes of audio
(+ optional 5 minute online quiz)
Plays on Computer:
Yes Downloadable as MP3:    Yes
Contributor(s):
Course Aims:

This podcast serves to provide the listener with an overview of the law of trustee's duties. Listeners will be familiar with the extent of a trustee's fiduciary, common law and statutory duties towards the beneficiaries and the trust property.

Outcomes:
After completing the course you will:
  • Be familiar with the extent of a trustee's fiduciary obligations towards the beneficiary, that is the non-conflict rule, the rule against remuneration and the rule against trustee purchasers.;
  • Understand the statutory duty of care imposed by the Trustee Act 2000 and how it relates to the trustee's activities.;
  • Understand how the duty of care relates to the trustee's wide powers to deal with the trust property.
Level:
Beginner Difficulty: 1 of 5
Classification:
Legal Principles
Sources and References:
  • Trustee Act 1925;
  • Trustee Act 2000;
  • Settled Land Act 1925;
  • Financial Services and Markets Act 2000;
  • CPR Part 64;
  • Re Benjamin [1920] 1 Ch. 18;
  • Keech v Sandford [1726] EWHC Ch J76;
  • Re Londonderry's Settlement [1965] Ch 918;
  • Breakspear v Ackland [2008] EWHC 220 (Ch);
  • Schmidt v Rosewood Trust Ltd [2003] 2 AC 709;
  • Speight v Gaunt 9 App Cas 1;
  • Re Waterman's Will Trusts [1952] 2 All E.R. 1054.
Tags:

This podcast provides an overview of the law of trustees obligations. It covers the extent of a trustee's fiduciary and common law duties towards the beneficiaries and the trust property.

Podcast Added 19/3/2009

Podcast last reviewed: 2011-10-31

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