equitable @ beneficial title – beneficiary (in equity the title belongs to the beneficiary under a trust) Proprietary interest protected under equity. . There are, however, circumstances in which the courts have moved past this analysis and effectively brought the trust assets within the reach of creditors, including where the trust is a sham (a. .
 The equitable interest is a right in.
The presumptions of resulting trusts and advancements in the context of the family home and other family assets were regarded by the middle of the twentieth century as. A beneficial interest can be described as a right, advantage, or benefit that an individual enjoys from properties or other forms of trusts that stem from agreements without controlling or owning a property. In September 1988, Mr and Mrs Kuper entered into two contracts to purchase two separate home units off the plans. For listed companies, section 672DA of the orporations Act provides that “relevant interests” in shares (securities) must be disclosed; “relevant interest” is defined in section 608 as meaning, amongst other things, an interest “however remote” and can include beneficial interests as.
g. . It can be separated from the rights of the trustee, the person holding the legal title.
What is meant by the term ‘beneficial interest’ in the context of share ownership? The concept of a ‘beneficial interest’ derives from the law of equity.
. May 19, 2021 · A discretionary beneficiary’s interest does not amount to a proprietary interest and the judgment will not be enforceable against the trust assets.
Jul 14, 2021 · If a proprietary interest is required, a discretionary object has a proprietary right which is good against third parties.
In the absence of.
(30) The facts in Kuper's case can be limited for the purpose of this paper to the following.
Beneficial interest refers to a right to income or use of assets in a trust. .  For example, if A makes a contract with B that A will pay C a certain sum of money, B has the legal interest in the contract, and C the beneficial interest. , Re Foord  2 Ch 519) where a trustee is entitled to a beneficial interest in the trust assets in so far as there is a surplus to the extent the interest of a life tenant does not exhaust the fund, but this is simply in virtue of the settlor’s intention.
. While it accepted that the beneficial. The House ruled that the amount of contribution was “almost de minimis”. Sometimes, these rights might not be recognised by law, yet you may feel as though they ought to be.
Nov 6, 2020 · Proprietary interest defines the rights and duties related to an item a certain party owns. If proprietary, the interest is related to the property / subject matter of the trust, and therefore exercisable against all but the legal owner (trustee).  The equitable interest is a right in.