What are the three methods of benefitting a third party from Milroy v Lord?
1. Outright gift requires the transfer of the legal title to the third party.
2. Self-declaration of trust - no issue of constitution arises because the trustee is already legal owner of the property.
3. Declaration of trust and appointment of new trustees - according to Milroy v Lord, this is only valid when the legal title of the property is vested in the trustees.
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