Episode 10: Introduction to Trusts — Foundations and Structure

Dr Sarah McKibbin begins an essential new module exploring trusts—equity's most versatile and far-reaching creation. Starting from medieval origins, this episode builds your understanding of what makes trusts unique: the remarkable separation of legal and beneficial ownership that touches everything from your superannuation to complex commercial structures.Discover the four essential building blocks that create every valid trust, meet the key players in trust relationships (trustees, beneficiaries, settlors, and appointors), and explore how trusts can be created through declaration or transfer. Navigate different trust structures including discretionary family trusts, fixed interest arrangements, and sophisticated hybrid models that adapt to changing circumstances.Through practical examples and clear explanations, understand why trusts have become cornerstones of Australian legal practice—and why the fiduciary relationship at their heart represents one of law's highest standards of care.⚖️ Perfect for: Law students beginning trust law studies, lawyers advising on family wealth structures, and professionals wanting to understand how superannuation and investment trusts actually work.📻 CreditsHost & Producer: Dr Sarah McKibbin, University of Southern QueenslandAudio Production & Sound Design: Ben Meares