This medium-length textbook has been designed to provide students with a clear step-by-step guide to the typical subject matter of an undergraduate course on trusts and equity. A number of critical perspectives, such as the tension between property and obligations approaches to the trust, are maintained throughout to give overall theoretical coherence to the work. It is intended that by reading the introduction to each chapter in turn the student will appreciate the scope and boundaries of the subject and see connections between chapters even before he or she has engaged with the detailed content. The major focus of the book is upon the law of trusts. Equitable principles, doctrines, and remedies are introduced in the first chapter of the book and analysed throughout with reference to practical examples involving trusts. This text seeks to give appropriate emphasis to modern trusts in commercial contexts, and contemporary developments in the areas of investment and breach of trust. A companion web site provides additional support for both students and lecturers with the following resources: Student resources - updates, web links, and problem scenarios, essay questions, and general answer guidance; and Lecturer resources (password protected) - lecture course outlines, problem scenarios, essay questions, and in-depth answer guidance.