Woman bought stock in joint names of herself and
infant relative.
infant relative.
Court found this did not raise presumption of
advancement in infant’s favour.
advancement in infant’s favour.
However there was sufficient evidence to rebut the
presumption of a resulting trust.
presumption of a resulting trust.
The only rational inference to be drawn was that she
intended that on her death the infant would take the stock beneficially and
would not hold it on resulting trust.
intended that on her death the infant would take the stock beneficially and
would not hold it on resulting trust.
