Legal Ownership vs Beneficial Ownership | Trusts Explained

Send us Fan MailIn this video, Catherine Mason (Founder of TOLES and Cambridge Law Studio) explains the basics of trusts to Rachel Renshaw in clear, simple Legal English, focussing on the tricky legal English vocabulary you need to understand the concept!Learn key terms like settlor, trustee, beneficiary, legal ownership, and fiduciary duty, all explained step by step with real-world examples to help you understand more about the topic!01:08 Legal owner and beneficial owner02:14 The dictionary definition (that no-one will understand!)04:17 Catherine pretends to be 85 years old!05:17 The controversial law in the UK 09:21 The vocabulary of trusts10:53 The big question11:48 Fiduciary duty15:52 The written contract17:34 Vocabulary check!19:28 Charitable trusts23:04 Catherine complains!Want to watch more of our Legal English Podcast videos? Check them out here- https://www.youtube.com/playlist?list=PLUwy6A9sJfuYUVuYo4caOjZmwjRCRHnKAConnect with us on social media: Instagram- https://www.instagram.com/cambridgelegalenglish?igsh=ZzB0OTJ3MTFzeWp2Facebook- https://www.facebook.com/profile.php?id=61584898701298 TikTok- https://www.tiktok.com/@cambridge.legal.e?_r=1&_t=ZN-92F7zkczjWgLinkedIn- https://www.linkedin.com/company/10715947#legalenglishvocabulary #englishforlawyers #englishforlawstudents #legalenglishpdf #legalenglishcourse #legalenglishvocabulary #englishforlawyerspdf #englishforlawyerscourse #englishforlawyersvocabularySupport the show