“Trusts do not ‘split’ property rights. Better metaphors might be to cumulate or to engraft rights onto property”. Do you agree or are there other ways of conceptualizing trusts? Why does it matter?

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Trusts is characterized by having characteristics such as a settler, the assets to put into the trust, the trust deed, one or more trustees as well as the relevant beneficiaries. Therefore, trusts are meant are documented to act as proof of the agreements between the involved parties. Moreover, trusts ensure that the number of beneficiaries, as well as their relative shares, are fixed at the outset. Such place is evident in fixed trusts…

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