Benefit and LiabilityUpdated: March 13th, 2014
Created: July 30th, 2013A beneficiary must know what the benefit are, in this case the responsibility of an acre of land, and whether to take up the offer. A lot of research before acceptance is prudent as the responsibilities are more like y to be far greater than imagined, to the degree it may increasingly appear to more of a liability than a benefit.
This is why, when the trust is approached about the use of land it is the person considering what benefits they imagine are available to write their ideas out as the basis of a contract. The contract removes the doubt that there is also responsibility and liability and that each persons apparent benefit is a liability to each other. That another may benefit can not be a part of the contract as the land exists not for benefit, but is being exploited by the trust for some arguably ecological basic constituting a charity.
Constitution is however a joint enterprise of exploitation and charity is no exception, but it is where the trust originated.
See behind-the-sceanic and
Settling the trust and Original Trust Deed (to be amended)