Pearce & Stevens' Trusts and Equitable Obligations

Eighth Edition

Warren Barr and John Picton

Provides detailed analysis of all key decisions, statutes, and current academic debates related to the law of equity and trusts, giving students a thorough grounding in the subject
A lively and clear writing style helps students engage with this often complex subject area, while the extensive use of diagrams and figures help to illustrate key concepts
Includes comprehensive online resources for both students (flashcard glossary, MCQs, and updates) as well as lecturers (test bank and PowerPoint slides)
Also available as an e-book with functionality, navigation features, and links that offer extra learning support

New to this Edition:

The impact of Stoffel & Co v Grondona [2020] UKSC 42 on illegality; the impact of Manchester Building Society v Grant Thornton UK LLP [2021] UKSC 20 on trustee advisors; and consideration of Archibald v Alexander [2020] EWHC 1621 (Ch) on orally declared trusts of land.
An independent chapter on secret trusts; updated coverage on limitation of actions, as a new self-standing chapter; and a new chapter dedicated solely to public benefit and significant updates around regulation of charities.
Updated and expanded coverage on intestate succession; updated coverage of ethical investments; updated and enhanced coverage of the use of trusts and equitable devices to grant an interest in the family home, as an example of the creativity of equity in society; and updated coverage of the charitable cy-près doctrine and its ongoing reform.

New Edition

Pearce & Stevens' Trusts and Equitable Obligations

Eighth Edition

Warren Barr and John Picton

Description

Written in a fresh and lively style and supported by a strong analytical framework, the eighth edition of Pearce & Stevens' Trusts and Equitable Obligations continues to provide students with a relevant and exciting examination of a subject that can seem remote and difficult.

The authors take a modern and conceptual approach to the wide array of topics covered in undergraduate equity and trusts modules, helping students explore the many ways in which trusts impact on everyday life, and in the world of finance and commerce. The text is accessible without compromising detailed critical comment, and engages with key issues such as the protection of privacy, enforcing informal promises, trusts and the family home, and assessing public interest in charities.

Digital formats and resources
The eighth edition is available for students and institutions to purchase in a variety of formats, and is supported by online resources.
· The e-book offers a mobile experience and convenient access along with functionality tools, navigation features, and links that offer extra learning support: www.oxfordtextbooks.co.uk/ebooks
· The online resources include: flashcards of key terms; bi-annual updates on the latest key developments in equity and trusts; and self-test questions on key topics, with feedback, providing an opportunity for students to test and consolidate their learning. For lecturers, the site provides a test bank of mulitple choice questions and PowerPoint slides tp use in teaching.

New Edition

Pearce & Stevens' Trusts and Equitable Obligations

Eighth Edition

Warren Barr and John Picton

Part I The Importance of Equity
1:What is equity?
2:Equitable obligations
3:Equity and the management of property
4:Equitable remedies in modern English law
Part II Creating the Relationship
5:Certainty
6:Constitution of trusts
7:Formalities
8:Policy limits
Part III Resulting and Constructive Trusts
9:Resulting trusts
10:Constructive trusts
Part IV Equity in Action: The Family Home
11:The family home in context
12:Determining interests in the family home through trusts
13:The evolution of rights in the family home
14:Proprietary estoppel
15:Family homes: Postscript
Part V Equity in Society
16:Clubs and societies
17:Wills and intestate succession
18:Secret trusts
Part VI Charitable Trusts
19:The role and status of charities
20:Charitable purposes
21:Public benefit
22:Cy-près: redistributing funds and changing purposes
23:Control and regulation of charitable trusts
Part VII Allocation of Benefit
24:Choosing who benefits
25:Fixed trusts
26:Powers of appointment
27:Discretionary trusts
28:Powers of maintenance and advancement
29:Variation of beneficial interests
Part VIII Managing Trust Property
30:Management and delegation
31:Investment
32:Appointing and changing trustees
Part IX Controlling Trustees and Fiduciaries
33:Need for control
34:Remedies against the trustee for breach of trust
35:Fiduciary duties of trustees and other fiduciaries
36:Limitation of action
Part X Recovering Trust Property
37:Remedies against strangers to the trust
38:Tracing

New Edition

Pearce & Stevens' Trusts and Equitable Obligations

Eighth Edition

Warren Barr and John Picton

Author Information

Warren Barr, Professor in Law and Dean, School of Law and Social Justice, University of Liverpool, and John Picton, Senior Lecturer in Law, University of Liverpool

Warren Barr is Professor in Law and Dean of the School of Law and Social Justice at the University of Liverpool. He is a current member, and ex-Director, of the Charity Law and Policy Unit, Liverpool Law School. He is also Principal Fellow of the Higher Education Academy, and was named Law Teacher of the Year in 2006.

John Picton is Senior Lecturer in Law at the University of Liverpool. He is a member of the Charity Law and Policy Unit at Liverpool. He researches and publishes on Charity Law and Equity & Trusts.