ABSTRACT
There are at least as many reasons for creating a trust as there are people in the world. This chapter will consider how equity treats the creation of trusts and it will explore some of the principal reasons why trusts are used at all by settlors. Our principal focus will be on the formalities and the certainties with which the settlor must comply before a valid trust can be created. Once the trust is created we will see that the settlor’s role ceases to exist: a little like the chrysalis once the butterfly has emerged from it.
