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Contents

Official guidance
Trusts, Settlements and Estates Manual

TSEM6231 · Legal background to trusts & estates: setting up a trust

  • TSEM6232 · Legal background to trusts & estates: definition of a trust
  • TSEM6233 · Legal background to trusts & estates: setting up a trust
  • TSEM6234 · Legal background to trusts & estates: enforcing equitable and legal interests
  • TSEM6235 · Legal background to trusts & estates: what a trust needs
  • TSEM6237 · Legal background to trusts & estates: trustee's remuneration
  • TSEM6239 · Legal background to trusts & estates: accumulation limits
  • TSEM6240 · Legal background to trusts & estates: rules of perpetuity
  • TSEM6241 · Legal background to trusts & estates: failure of trust provisions
  • TSEM6242 · Legal background to trusts & estates: anti-avoidance provisions: settlements
  • TSEM6243 · Legal background to trusts & estates: settlor is a trustee
  • TSEM6245 · Capital gains
  1. Legal background to trusts & estates: setting up a trust: contents
  2. Legal background to trusts & estates: enforcing equitable and legal interests

TSEM6234 | Legal background to trusts & estates: enforcing equitable and legal interests

From HM Revenue & Customs · Trusts, Settlements and Estates Manual

It is possible to enforce an equitable interest or a legal interest in either division of the Supreme Court. The divisions are

  • Chancery;

  • Family or Queen’s Bench.

The Supreme Court applies the rules of Equity (TSEM6003). These were developed by the old Court of Chancery.

The Supreme Court was formed following the merger of Common Law Courts and the Court of Chancery. Before then the Court of Chancery recognised and enforced equitable interest. The court used, and developed, the rules of Equity. The Common Law Courts (the Courts of King’s Bench, Common Pleas and Exchequer) recognised and enforced legal interests.

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