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Dexter - Coggle Diagram
Dexter
£800,000
Allegra
1/4
keep secure/gradually use to tend to material needs of Joe
1) gift/power/trust?
does she have to give out the money
? keep secure/use with her fair minded judgement but does she HAVE to give it to him if she judges otherwise??
does she have a say in who gets what
no
if she doesn't give it our can she keep it herself
I don't think so
1/2
divided between Allegra and Katia
1/4
Heroic Harry to renovate his home/ maintain his lavish lifestyle throughout remaining years - and build state when he dies
£150,000
Uncle Conner
for advancement of the education of the worthiest young members of the family
1) is it a gift/trust/power?
2) 3 certainties
intention
does he have to give out the money
yes
does he get a say in who gets what
yes
if he doesn't give the money out can he keep it
no
looks like
discretionary trust
subject matter
objects
class of beneficiaries: young members of our family
the worthiest
is or is not test
conceptual certainty
beneficiary principle
3) formalities?
4) constitution?
not a gift to Conner because he can't keep it
Katia
'bulk' of labubu dolls
bulk: Palmer v Simmonds
60% crypto assets
for Salina when 18
then 'reasonable remainder' for Katia
is he giving the shares or the beneficial interest in the shares??
intangible property
Hunter v Moss
Harvard Securities
whatever's left in residuary estate
Katia/Allegra
bingo club - to promote the game