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in this video we're going to be continuing our discussion about the formalities of trust and specifically we're going to be looking at ineffective transfers of property and gifts and I will be continuing the discussion about gifts in the next few videos as there are particular parts of gifts that will require some special attention so ineffective transfer of property the transfer or conveyance of land and the transfer of shares both requires formalities in the case of land the conveyance must be registered with the Land Registry the transfer of shares requires the delivery of a proper instrument of transfer to the company the company's out 2006 section 770 so when creating a trust you need to transfer property so in other words the settler needs to give the property to a trustee so that is to say for trusts to be effective it is necessary at the settler must have demonstrated an intention to declare a trust over property in which she had property rights at the time of declaring the tr...