Tracing in Equity & Third Parties | Equity & Trusts

Subscribe to my personal channel for videos on how to study law effectively & efficiently: / @heygarethevans This video considers the situation in which trust property is misapplied in such a way that it is mixed with property belonging to an innocent third party
Therefore, rather than consider the issues which arose in the previous video concerning the obligations of the wrongdoing trustee, it is now necessary to decide how property belonging to innocent parties should be allocated between them
If you have any questions drop me a message below 👍🏻
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SEE MY VIDEO ON TRACING MIXED FUNDS ➡️
• Tracing in Equity & Mi...
If you liked this video you may like my website post on 'Tracing': digestiblenote...
#learn #equity #trusts

[@pingooduha516]

watched your videos 2 hrs before my trust paper. it's very helpful. Thank you.

[@ClaraCarmona]

Almost 250 subs!!! You're doing so so well 🙌🏼🙌🏼🙌🏼❤️

[@digestiblelaw4647]

Thank you! I can’t wait to get to 1000 😂❤️

[@amelia6101]

Thank you this is so helpful

[@digestiblelaw4647]

Glad I could help!! 🙂

[@margaretdelciampo5957]

Hi, love your videos! I just have a question surrounding this area of law. If a trustee pays off a debt with the trust money and it is paid into the creditor (third party’s) mixed account and then used to buy shares, is this still traceable and can the claimant make a claim over the shares they have bought? I find equitable tracing confusing when it involves third parties. Thanks

[@digestiblelaw4647]

Although it would depend on the specifics of the case, it would still be possible to trace the money. Assuming they are an innocent volunteer, we would most likely apply the pari passu rule (such that the correct percentage of the account money and share money can be claimed by the beneficiaries)