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Variation: Keeping up-to-date
Mary Ashley looks at modernising trusts through variation ‘The court’s jurisdiction does not extend to allow for a resettlement of the trust – the court may only consent to arrangements which vary or revoke existing trusts.’ Once a trust is created, the trustees are effectively bound by the terms of it. At times, this can …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- Allfrey v Allfrey & ors [2015] WTLR 1117 ChD
- Chapman v Chapman [1954] UKHL 1
- In re Weston's Settlements [1969] 1 Ch 223
- Pemberton v Pemberton & ors [2016] WTLR 1817 ChD
- Re Ts Settlement Trusts [1964] Ch 158
- Wyndham v Egremont [2009] WTLR 1473 ChD