What is a Beneficiary? | The Beneficiary Principle

Subscribe to my personal channel for videos on how to study law effectively & efficiently: / @heygarethevans The beneficiary principle holds that a trust can be valid only if it has a beneficiary. So the beneficiary principle is positing that it is impossible to create a trust that lacks a beneficiary. Youu cannot create a valid trust without a beneficiary.
Grant MR in Morice v Bishop of Durham: “there must be someone in whose favour the court can decree performance”
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#beneficiary #beneficiaryprinciple #trusts

[@ClaraCarmona]

I miss fiduciariessss 🤓🤓🤓😍😍 Great video as always!!

[@digestiblelaw4647]

Haha they'll be back one day 🤓🤓🎉🥳

[@cafekosmosnu]

Great stuff! May I ask you the following, can a beneficiary also be the general executer of the trust? Would he/she then have the authority over other existing executers?

[@greyish_8042]

Is there a different between the beneficiary principle under Charitable Trust and non-charitable trust?

[@almckenzie4203]

very concise.

[@BIGDZ8346]

If Scots Law doesn't even fucking know itself does it recognise the beneficiary principle, then how tf am I supposed to explain does it or not in a big ass essay?