A boat had been bought and held in one persons name, but on reassurance that it would be ‘ours.’ The share was substantial but unquantified, and so equality was assumed. An express trust of personalty need not be formal. Constructive trust rules were unhelpful.
Citations:
Gazette 26-May-1999
Jurisdiction:
England and Wales
Trusts
Updated: 09 December 2022; Ref: scu.88881
