ABA Journal: Modern Law Library cover image

ABA Journal: Modern Law Library

Didn't get it in writing? There may still be a way, says author of 'Litigating Constructive Trusts'

Jul 12, 2023
Legal expert Paul Golden discusses the concept of constructive trusts, a tool to enforce unwritten agreements. He explains how judges can declare a fiduciary duty retroactively, returning property to victims. The podcast delves into cases of betrayal, deceitful partners, promises broken, and the significance of constructive trusts in real estate litigation.
39:43

Podcast summary created with Snipd AI

Quick takeaways

  • Constructive trusts can be used as a last resort when one party unjustly enriches themselves at the expense of another, leading to property restitution without a written contract.
  • Despite common legal beliefs, oral agreements can still hold in constructive trust cases, allowing judges to bypass formal requirements and enforce fiduciary duties based on trust relationships.

Deep dives

Understanding Constructive Trusts as a Last Resort

Constructive trusts serve as a last resort when traditional avenues fail to provide relief. They are set up by judges when one party takes advantage of another, requiring the property to be returned. An example of this is when property is wrongfully taken without a written trust, compelling restitution to the original owner.

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