Module Information
Module Identifier
LP30820
Module Title
Equity and Trusts for GDL Students
Academic Year
2016/2017
Co-ordinator
Semester
Semester 2 (Taught over 2 semesters)
Co-Requisite
LP30105, LP30220, LP30320, LP30420, LP30520, LP30620, LP30720, LP30920
Exclusive (Any Acad Year)
LA32920, GF32920
Course Delivery
Assessment
| Assessment Type | Assessment length / details | Proportion |
|---|---|---|
| Semester Assessment | Essay of 1,000 words | 20% |
| Semester Exam | 2 Hours Exam | 80% |
| Supplementary Assessment | Essay if element failed | 20% |
| Supplementary Exam | 2 Hours Exam if element failed | 80% |
Learning Outcomes
On successful completion of this module students should be able to:
1. Explain the concept of equity and its relevance to the trust;
2. Explain the legal rules governing the establishment and management of trusts;
3. Analyse and evaluate property transactions and trust concepts;
4. Analyse factual scenarios relating to equity and trusts, and apply the relevant principles of law to those scenarios;
5. Solve complex legal problems by applying the principles of equity and trusts;
6. Be able to communicate results (orally and in writing) concisely and effectively at an academic level in English and / or Welsh using the relevant legal terminology correctly.
Brief description
This module introduces to students to the concept of "equity" and the law of trusts and provides a firm grounding in the relevant rules and principles. Students will learn to assess critically the place of equity and trusts in the financial and fiscal arrangements of private citizens, and of commerce in general, and to apply that knowledge appropriately in a range of scenarios.
The course will build upon and develop the students' broader skills, including effective communication and independent research and study.
A key aim of this module is to provide students with one of the seven foundations of legal knowledge that is required by those seeking to enter the legal professions.
The course will build upon and develop the students' broader skills, including effective communication and independent research and study.
A key aim of this module is to provide students with one of the seven foundations of legal knowledge that is required by those seeking to enter the legal professions.
Content
1. Introduction to equity & trusts
(Equitable principles and remedies; Remedies and procedures in practice; The Law of Trusts)
2. Trusts for the benefit of persons
3. Intestacy
4. Charitable Trusts
5. Unincorporated Associations
6. Powers & Duties of Trustees
7. Variation and termination of trusts
(Equitable principles and remedies; Remedies and procedures in practice; The Law of Trusts)
2. Trusts for the benefit of persons
3. Intestacy
4. Charitable Trusts
5. Unincorporated Associations
6. Powers & Duties of Trustees
7. Variation and termination of trusts
Module Skills
| Skills Type | Skills details |
|---|---|
| Application of Number | |
| Communication | Preparation for, and discussion, in seminars. |
| Improving own Learning and Performance | Post-lecture research and seminar preparation. |
| Information Technology | Post-lecture research and seminar preparation. |
| Personal Development and Career planning | Learning throughout the module will be relevant to a career in the legal profession. |
| Problem solving | Preparation for and discussion of problem-solving questions in seminars. |
| Research skills | Post-lecture research and seminar preparation. |
| Subject Specific Skills | Legal research: use of specifically designed legal databases as a resource for statute and case law. |
| Team work | Seminar work: preparation and group discussions. |
Notes
This module is at CQFW Level 6