Explaining the Trust Peter Jaffey 2381/43291 https://figshare.le.ac.uk/articles/journal_contribution/Explaining_the_Trust/10198130 Analyses the obligational and proprietary theories on the nature of the equitable interest held by a trust beneficiary, including the objections raised against each theory. Presents an account of the trust that conceives it as having two dimensions, a property and a contractual dimension, consisting of the rights and duties or liabilities generated by these two separate bodies of law operating in tandem. Discusses the implications of this theory. 2019-02-12 12:50:30 Beneficiaries Equitable interests Proprietary rights Trusts