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LAWS12060 - Trusts

General Information

Unit Synopsis

LAWS12060 Trusts introduces students to the various types of trusts and the manner and form of their creation and variation. The duties, rights and powers of trustees are examined in detail, as is the consequences of breach of trust and the remedies available to, and respective rights of, beneficiaries. This unit together with LAWS12056 Equity meets the LPAB requirements for equity.

Details

Level Undergraduate
Unit Level 2
Credit Points 6
Student Contribution Band SCA Band 4
Fraction of Full-Time Student Load 0.125
Pre-requisites or Co-requisites

Co-requisite: LAWS12056

Important note: Students enrolled in a subsequent unit who failed their pre-requisite unit, should drop the subsequent unit before the census date or within 10 working days of Fail grade notification. Students who do not drop the unit in this timeframe cannot later drop the unit without academic and financial liability. See details in the Assessment Policy and Procedure (Higher Education Coursework).

Class Timetable View Unit Timetable
Residential School No Residential School

Unit Availabilities from Term 1 - 2020

Term 1 - 2020 Profile
Online

Attendance Requirements

All on-campus students are expected to attend scheduled classes – in some units, these classes are identified as a mandatory (pass/fail) component and attendance is compulsory. International students, on a student visa, must maintain a full time study load and meet both attendance and academic progress requirements in each study period (satisfactory attendance for International students is defined as maintaining at least an 80% attendance record).

Assessment Overview

Recommended Student Time Commitment

Each 6-credit Undergraduate unit at CQUniversity requires an overall time commitment of an average of 12.5 hours of study per week, making a total of 150 hours for the unit.

Assessment Tasks

Assessment Task Weighting
1. Written Assessment 40%
2. Examination 60%

This is a graded unit: your overall grade will be calculated from the marks or grades for each assessment task, based on the relative weightings shown in the table above. You must obtain an overall mark for the unit of at least 50%, or an overall grade of ‘pass’ in order to pass the unit. If any ‘pass/fail’ tasks are shown in the table above they must also be completed successfully (‘pass’ grade). You must also meet any minimum mark requirements specified for a particular assessment task, as detailed in the ‘assessment task’ section (note that in some instances, the minimum mark for a task may be greater than 50%).

Consult the University’s Grades and Results Policy for more details of interim results and final grades

Past Exams

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Previous Feedback

Term 1 - 2020 : The overall satisfaction for students in the last offering of this course was 4.5 (on a 5 point Likert scale), based on a 59.62% response rate.

Feedback, Recommendations and Responses

Every unit is reviewed for enhancement each year. At the most recent review, the following staff and student feedback items were identified and recommendations were made.

Source: Student evaluations
Feedback
Written Assignment: feedback indicated that the assignment was returned too late in the term.
Recommendation
The unit assignment will be returned to students two weeks before the exam at the latest.
Action Taken
This was achieved.
Source: Student evaluations
Feedback
Written Assignment: feedback indicated students wanted more detailed feedback on their assignment.
Recommendation
Assessment feedback will include a completed rubric.
Action Taken
The assignment feedback included a completed marking rubric.
Source: Student evaluation
Feedback
This unit should be merged into 1 unit Equity and Trust. It was a nightmare to do it differently when they almost have same underlying principals.
Recommendation
Equity and Trusts are being combined and will be offered as a single unit as of unit 1 2020.
Action Taken
Nil.
Source: Student evaluation
Feedback
More flow chart example
Recommendation
Flowcharts on key topics will be part of the new combined unit resources.
Action Taken
Nil.
Unit learning Outcomes

On successful completion of this unit, you will be able to:

  1. Outline and explain the various types of trust and the manner and form of their creation and variation
  2. Analyse the duties, rights and powers of trustees
  3. Analyse the consequences of breach of trust and the remedies available to, and respective rights of, beneficiaries
  4. Identify and construct solutions to ethical issues associated with trusts
  5. Research legal principles from statute and case law, and apply those principles to the analysis of trust problems, including indigenous issues
  6. Demonstrate advanced skills in critical legal thinking, reasoning and reflection.


Alignment of Assessment Tasks to Learning Outcomes
Assessment Tasks Learning Outcomes
1 2 3 4 5 6
1 - Written Assessment • • •
2 - Examination • • • • •
Alignment of Graduate Attributes to Learning Outcomes
• Introductory Level
• Intermediate Level
• Graduate Level
Graduate Attributes Learning Outcomes
1 2 3 4 5 6
1 - Communication • • •
2 - Problem Solving • • • • • •
3 - Critical Thinking • • • • • •
4 - Information Literacy •
8 - Ethical practice •
Alignment of Assessment Tasks to Graduate Attributes
• Introductory Level
• Intermediate Level
• Graduate Level
Assessment Tasks Graduate Attributes
1 2 3 4 5 6 7 8 9 10
1 - Written Assessment • • • • • •
2 - Examination • • • •