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Trusts: Folly engaged
Mark Pawlowski discusses the case law on testamentary trusts for useless or capricious purposes ‘Unwarranted restrictions on the use of estate property, as opposed to their outright destruction, have been struck down on principles of wastefulness and harm to individuals or community.’The notion that a trust may fail because it serves no useful purpose or …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- Aitken's Trustees v Aitken [1927] SC 374
- Brown v Burdett (1882) 21 Ch D 667
- Colonial Trust v Brown 105 Conn 261, 135A 555 [1926]
- Eyerman v Mercantile Trust Co 524 SW 2d 210 [1975]
- Lindsay's Executor v Forsyth [1940] SC 568
- M'Caig v University of Glasgow [1907] SC 231
- M'Caig's Trustees v Kirk-Session of the United Free Church of Lismore [1915] SC 426
- Mackintosh's Judicial Factor v Lord Advocate [1935] SC 406
- Re Boning [1997] 2 Qd R 12
- Re Headrick's Will [1953] QWN 23
- Re Meksras Estate 63 Pa D & C 2nd 371 [1974]
- Re Scott's Will, Board of Commissioners of Rice County v Scott 88 Minn 386, 93 NW 109 [1903]
- Re Wishart Estate [1992] CanLII 2679 (NB QB)