Continue reading "Trustees’ Powers: Expanding the scope"
Trustees’ Powers: Expanding the scope
Re Portman Estate [2015] provides useful pointers on modernising a trust. Georgia Bedworth reports ‘Where powers are more restrictive than might be found in a modern settlement, s57 Trustee Act 1925 is a means by which trustees can update their administrative powers to allow adaptation to modern circumstances.’ Most settlements are designed to be long-term …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- Alexander v Alexander [2012] WTLR 187
- Re Cohen's Settlement Trusts [1965] 3 All ER 139
- Re Downshire Settled Estates [1953] Ch 218
- Re Portman Estate [2015] EWHC 536 (Ch); [2015] WTLR 871