For a private express trust to be valid, it must satisfy the requirements established in Knight v Knight :
Equity and Trusts ensure that the law remains "human." By recognizing that the person whose name is on the deed might not be the person who truly "owns" the value, the law protects the vulnerable and honors the true intentions of property owners. Equity and the Law of Trusts
At its core, a trust is a relationship where one person holds property for the benefit of another. It effectively splits ownership into two parts: Held by the Trustee , who manages the property. For a private express trust to be valid,