Create a thesis and an outline on Donnas Will. Prepare this assignment according to the guidelines found in the APA Style Guide. An abstract is required. Mere expression of intent to donate, transfer, or create a trust without any positive action will not suffice. As held in Milroy v. Lord (1862) 4 De G.F. & J. 264, in order for a trust to be effective, the subject property must be transferred to the trustee. Hence, where the trustor has not done anything to complete a transfer of property to the trustee, the law of equity will not come to the aid of the trustee unless the trustor has done everything in his power that is necessary to effect a transfer of trust property. In the similar case of Re Rose  Ch 78, the donor intended to donate shares in a company. The donation herein was held to be valid because here, the donor executed a share transfer form, which was delivered to the donee, together with the appropriate share certificate. The court held that even if the legal title to the shares has not yet passed to the donee because the transfer was not yet registered with the company, the donor has already done everything under his control and power to effect the transfer of property to the donee. This step is lacking in the case at hand. Here, Donna merely sent a note to her mother without executing the necessary documents to complete the intended transfer of shares to her intended beneficiaries, Sam and Mandy. Hence, the donation to the latter was legally inexistent. Also, the transfer of stocks requires compliance with certain formalities such as the execution of a deed of transfer or any act of formal conveyance, and presentation thereof, together with the stock certificate to the company, which in this is the Burberry Co., for purposes.
We help you get better grades, improve your productivity and get more fun out of college!!
Get 25% Discount on Your First Order
How it works – it’s easy
Place your Order
Submit your requirements through our small easy order form. Be sure to include and attach any relevant materials.
Make a payment
The total price of your order is based on number of pages, academic level and deadline.
We assign the assignment to the most qualified tutor. When the tutor completes the assignment, it is transferred to one of our professional editors to make sure that the assignment meets all of your requirements.
Once complete, we’ll send your assignment via the email provided on the order form.