STEP AdvCert Admin Trusts (E&W) Practice Questions - STEP Advanced Certificate in Administration of Trusts - England and Wales Exam - STEP AdvCert Admin Trusts (E&W) Practice Questions - STEP Advanced Certificate in Administration of Trusts

Question 1

Under English trust law, which landmark precedent established the three certainties required for the creation of an express private trust?

Knight v Knight Milroy v Lord Saunders v Vautier Paul v Constance

Correct Answer:

Knight v Knight

Question 2

A testator leaves property to his widow 'in full confidence that she will do what is right by our children'. What is the legal effect of this wording under English trust law?

It creates a valid express discretionary trust for the children. It creates an absolute gift to the widow free from any trust. It creates a resulting trust for the testator's residuary estate. It creates a constructive trust for the children.

Correct Answer:

It creates an absolute gift to the widow free from any trust.

Question 3

An unmarried partner repeatedly told his companion 'the money in this bank account is as much yours as mine' and deposited shared bingo winnings into it. Which case confirms that such words and conduct can satisfy certainty of intention?

Palmer v Simmonds Re London Wine Co Paul v Constance Hunter v Moss

Correct Answer:

Paul v Constance

Question 4

A trust disposition purports to leave 'the bulk of my estate' on trust for a named relative. Why does this disposition fail under English trust law?

It fails for lack of certainty of subject matter. It fails for lack of certainty of objects. It fails for lack of certainty of intention. It fails for breach of the rule against perpetuities.

Correct Answer:

It fails for lack of certainty of subject matter.

Question 5

Why did the court in Hunter v Moss uphold a trust of 50 shares out of a holding of 950 identical shares, despite them not being physically segregated?

Because the donor executed a deed of covenant. Because the shares were registered in a foreign jurisdiction. Because shares were tangible chattels kept in a vault. Because intangible assets of identical class do not require physical segregation to achieve certainty of subject matter.

Correct Answer:

Because intangible assets of identical class do not require physical segregation to achieve certainty of subject matter.

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About this Exam

Prepare with the STEP AdvCert Admin Trusts (E&W) Practice Questions - STEP Advanced Certificate in Administration of Trusts - England and Wales Exam practice quiz. This question bank includes 100 questions covering trust, section, trustee, trustees, and court. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

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STEP AdvCert Admin Trusts (E&W) Practice Questions - STEP Advanced Certificate in Administration of Trusts - England and Wales Exam

This practice set contains 100 questions from the matching question bank and focuses on trust, section, trustee, trustees, and court. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

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STEP AdvCert Admin Trusts (E&W) Practice Questions - STEP Advanced Certificate in Administration of Trusts - England and Wales Exam

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