Undergraduate - UnitLAW4170 - Trusts 406

This unit entry is for students who completed this unit in 2013 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

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6 points, SCA Band 3, 0.125 EFTSL

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Level	Undergraduate
Faculty	Faculty of Law
Offered	Clayton First semester 2013 (Day) Clayton Second semester 2013 (Day)

Synopsis

This unit introduces students to the nature and function of trusts in the modern Australian legal system. Students learn how trusts are used and learn the rules governing their existence. In particular, the rules governing the creation and administration of trusts, and the rights and obligations of parties to trusts are taught.

Outcomes

On completion of this unit students should be able to:

understand the role of trusts in the modern environment
explain the circumstances in which a trust should be created and the methods by which this can be done
advise as to the proper administration of trusts, including the role of superannuation trustees
analyse documents creating trusts and be able to describe the operation of those provisions.

Assessment

Written research assignment (2000 words): 40% and final written examination (2 hours plus 30 minutes reading and noting time): 60% OR final written examination (3 hours plus 30 minutes reading and noting time): 100%

Chief examiner(s)

Mrs Vicki Vann (First Semester)
Associate Professor David Lindsay (Second Semester)

Contact hours

Three hours of lectures per week and one hour tutorial per fortnight

Prerequisites

LAW1100 OR LAW1101 and LAW1102 or LAW1104; LAW2100 OR 2101 AND 2102

Co-requisites

LAW4169 and LAW3401