problem1. Michael, who is married to Heather, wishes to leave his property to Heather after his death. However, unknown to Heather, Michael has for a long time maintained a very close relationship with his secretary Patsy. He wishes to leave a large sum of money to Patsy after his death. He is quite happy to leave his property to Heather in his will; however, he is also aware that if he leaves a large sum of money to Patsy in the will then this will be subject of much controversy, not least, the disclosure of his relationship with Patsy.

(a) Identify and describe which type of legal instrument, Michael should use in the above scenerio.

(b) describe the key features of a trust

problem2. Describe the requirements for the valid creation of an express trust.

problem3. Discuss the different duties performed by trustees, besides the fiduciary duty.  

problem4. describe the main features of trusts taxation in Mauritius.