Wednesday, June 12, 2019
Law of Trusts Essay Example | Topics and Well Written Essays - 2000 words
Law of Trusts - Essay Exampleher well-disposed persons, some for the relief of aged and poor persons, some for the maintenance of sick and wounded soldiers and mariners, schools of learning, free schools and scholars in universities, some for repair of bridges, ports, causeways, churches, sea-banks and highways, some for education and preferment of orphans, some for or towards relief or maintenance of houses of correction, some for marriages of poor m assists, some for aid and help of young tradesmen, which lands, goods (and) money have non been employed according to the charitable intent of the givers and founders thereof, by reason of frauds, breach of trust and negligence in those that should pay (and) deliver same.Charity in its legal sense comprises four principal divisions trusts for the relief of poverty, trust for the advancement of education, trusts for the advancement of religion, and trusts for other purposes beneficial to the community, not falling under any of the prece ding heads.In this essay, I would like to establish that the theorys of charities is still very much relevant to our present society as the four heads mentioned in the Pemsel case is still very much relevant to the present times. In some countries that adopted the preamble3, they expand the law to include much(prenominal) other groups and entities, which may need the assistance afforded by the Statutes. However, the Statutes of Charitable Uses is self-limiting and there is need to expand the coverage thereof in response to modern times. Thus, the concept of Charities evolved into the new Charities Bill.In order to understand better this evolution of the application of the law, let us look at the four areas covered by the Elizabethan law and see how this concepts have evolved over time4 and how our case law affected the evolution thereof.Relief of poverty is one of the noblest tasks of mankind to help each other. downstairs the Elizabethan law, there were two forms of relief, whic h was set up, one is the outdoor relief5 and
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