Property, Trusts and Succession

This text provides full coverage of the property, trusts and succession parts of the LLB syllabus in Scottish universities in one convenient volume. The relevant rules of statute and common law are surveyed and frequent examples used, making this a highly practical and accessible text. The fifth edition is revised throughout and includes coverage of key recent case law and major legislation developments. Following lengthy delays due to the combination of Brexit and coronavirus, two major pieces of legislation are now moving through parliament and should be enacted by 2024. These are the Moveable Transactions (Scotland) Bill and the Trusts and Succession (Scotland) Bill. The Moveable Transactions (Scotland) Bill covers major changes to the law of moveable property i.e. property that can be moved from one place to another such as clothing and jewellery, furniture, appliances, animals and vehicles. The Bill aims to change the law in relation to Assignation of claims (the transfer of a claim from one person to another) and Pledges (a type of security, usually for a loan). The Trusts and Succession (Scotland) Bill is aimed at consolidating and modernising Scottish law around trusts and making limited changes to the law of intestate succession. The key legislation surrounding this important area of trust law is over one hundred years old and has long been in need of reform. Both these pieces of legislation are based on reports written by the Scottish Law Commission committee of which author Andrew Steven was a member. Both authors are aiming that the new edition of Property, Trusts and Succession will be the first on the market covering these major legislation changes.