This well-established and respected textbook has been relied upon by students and academic scholars for the last 40 years. Praised for the clarity of the writing, the comprehensive scope of the content and the high level of critical analysis, Professor Philip Pettit builds on the strengths ofthe book to offer students a rigorous and yet readable account of equity and trusts law. This 12th edition has been developed to answer directly the needs of modern day students and lecturers. Chapter introductions help to orientate the reader with each new topic covered. Examples and scenarios illustrate how the law operates in practice and offer a contextual framework for students newto the subject. The reason why people create trusts in the first place is explored in depth and Professor Pettit focuses on carefully explaining each new concept as he introduces it. Diagrams offer a fresh way of explaining particularly complex or abstract concepts. Students will find the glossary ahelpful tool in familiarising themselves with technical and specialist terms.This classic text has been fully updated to take account of recent developments. The coverage of unincorporated associations has been expanded in this new edition, and greater detail has been applied to contemporary issues in constructive, resulting and charitable trusts.Online Resource CentreThree additional chapters can be accessed on the Online Resource Centre: Conversion and Reconversion; Satisfaction, Ademption and Performance; and The Equitable Doctrine and Election. Along with the chapters appearing in the 12th edition, these chapters have been updated to reflect changes in thefield.