ABSTRACT

The principle running through this chapter is that the law of trusts will always come to the aid of the beneficiary: in effect, wrapping the beneficiary in cotton wool. In this chapter what we will see is a relic from the past of the law of trusts as the main means by which many members of the landed classes would have their incomes protected and their homes provided. To have permitted either trustees or third parties to take benefit from those people would have been to strip them of their possessions; therefore, the courts of equity took the approach of enforcing the rights of beneficiaries as strictly as possible.