COURSE DESCRIPTION

This course examines the legal elements and definition of trust and its importance as a tool for the control and transfer of wealth. Issues and problems that emanate from the drafting and administration of trusts are studied based on the New Decedent Estate Law of Liberia, decisions of the Supreme Court of Liberia, precedence, and rules and statutes of common law jurisdictions. The course seeks to provide students with sufficient skills and knowledge to establish, manage and deal with problem emanating from the administration of trust. Property is a prerequisite to Trusts.