Having introduced implied trusts in Chapter 2, it is important that you understand the nature and workings of such trusts before your study of the overall law of trusts can continue in more detail. Implied trusts are gap-fillers and will arise when there is no valid express trust to regulate the relationship between the settlor, trustee and beneficiary.
As You Read
In this chapter, the types and characteristics of implied trusts are addressed. Accordingly, as you read, you should look out for the following issues:
what implied trusts are;
the resulting trust: the ...