Liability of Strangers to the Trust — SQE1 FLK2 Trusts Law

An auctioneer pays £180,000 of trust money into the trustee's personal account, knowing the deed forbids it, and says he never thought of it as dishonest.
Practise this topic with exam-style questions: sqe1prep.co.uk/sqe1/trusts?utm_source=podcast&…
In this episode:
• Knowing receipt and dishonest assistance are separate claims with separate elements
• Receipt, unconscionable knowledge at the time, and beneficial receipt
• Assistance needs no receipt of any trust property at all
• Ivey removed the extra subjective limb from the Twinsectra test
• Tracing is a process, never a cause of action on its own
Narrated by an AI voice from a script written and checked by the editors at sqe1prep.co.uk. Educational content only — not legal advice. SQE1 Prep is not affiliated with or endorsed by the SRA or Kaplan.