Reposted by Charley McC
To all the people saying: "How can I find time to read to my kid when I have a high-powered full-time job?"
I taught high school full time; marked A-level exam papers in my spare time; wrote a bestseller in 4 months and still found time to read to my kid every night.
I did give up dusting, though.
![HMRC guidance:
TSEM9610 - Ownership and income tax: implied trust: resulting trust - basic principle
A ‘resulting trust’ is one where the property ‘results’ (reverts, falls back) to the settlor. A resulting trust can occur where purchase costs are provided for property, or funds are provided for a bank account. The case of Pettit v Pettit [1970] AC 777 describes the ‘well known presumption of equity that a person who has contributed a share of the purchase price of a property is entitled to a corresponding proportionate beneficial interest in the property by way of implied or resulting trust’.
A resulting trust gives effect to the settlor’s presumed intention - the ‘presumption’. But see also TSEM9630 about counter-presumptions.
A resulting trust is relatively simple, in that it does not rely on the parties’ conduct. It arises by operation of the law.](https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:dm52swetcttd6h7xvogf7x2w/bafkreibgcspymm4dfn7wynyudnx76iqteb7riewzu7jtuwcoj5ytkhu6pm)
