Paul v Constance: What Creates A Trust?
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- Опубликовано: 30 май 2020
- Let's talk about that time when a guy's casual comments entitled his mistress to have a share in his bank account.
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ADDENDUM ON THE HOLDING IN PAUL V CONSTANCE:
Note that on the facts of the case, the court construed the phrase "the money is as much yours as mine" as a declaration that the beneficial interest over the bank account would be held in EQUAL shares. So Mrs Paul got half a share under the trust, and Mr Constance got half a share as well, which succeeded to Mrs Constance by intestate succession.
Thank you for this🙏
really helpful