Handbook of the Law of Trusts (Classic Reprint)

The object of this book is to give to practitioners and students a conapact summary of the fundamental principles of the American law relating to trusteeships. It is hoped that lawyers will be able by the use of the book to obtain ready information on the large, outstanding problems in the field, and to gain starting points for research into the more recondite and complicated questions. The law student will, it is believed, find in the book: sufficient material ,to furnish him that giroundwork which is the maximum possible of attainment in his preliminary studies. Space limitations have prevented detailed treatment of theE nglish law and extended discussion of matters of principle. These must be reserved for a text-book which purports to be all-inclusive. In the arrangement of topics the author has varied somewhat from the standard analysis. This change has been made partly with the purpose of facilitating the work of the reader in finding the law and partly because it has appealed to the author as logical. An effort has been made to classify the material under headings which represent the principal practical problems arising in the administration of trusts, as well as to develop the trust relation in sequence from beginning to end. The chapters on the trust purpose are illustrative of these departures from the customary outline. What may be the trust purpose is a frequently occurring question in practical affairs, and the trust purpose is one element of the trust relationship which logically deserves treatment. Some statutory matters have been dealt with in considerable detail, as, for example, theS tatute ofF rauds. Effort has, been made to set forth as far as possible the peculiarities existing in the states which have statutpry trust systems, as, for instance. New York, Michigan, and California. The important distinction between the states which have mod
(Typographical errors above are due to OCR software and don't occur in the book.)