A resulting trust is an implied trust that arises in favour of the settlor or donor during his lifetime or his estate on his death. The occasions when this event may take place are extremely limited but involve a failure of the trust or gift. These trusts are classifi ed as automatic and presumed resulting trusts. The latter type of trusts may be rebutted by evidence to support a contrary intention. An attempted fraudulent transfer on the part of the transferor may not constitute a disentitlement in his favour in respect of a resulting trust. Finally, the resulting trust concept may be an inappropriate vehicle to apply with regard to the liquidation of an unincorporated association.