ABSTRACT
At the end of this chapter, you should be able to:
Identify the essential tests laid down in Milroy v Lord for the creation of an express trust
Recognise whether the formal requirements are satisfied
Understand the effect of creating a perfect trust
Appreciate the maxim, ‘equity will not assist a volunteer’
Comprehend the principles established in the Strong v Bird rule, donatio mortis causa and proprietary estoppel
