Re The Sir Edward Heath charitable trust
October 2012 #123By his will dated 16 April 2002, the late Sir Edward Heath settled his home and contents, Arundells at Salisbury, upon charitable trusts. The trustees had power to apply income and capital to or for the benefit of one or more of six charitable objects, but no express power of sale save in furtherance of the charitable objects. In the years since the will was proved on 18 January 2006, annual deficits had been incurred by the trustees on opening Arundells to the public and, even after the sale of Sir Edward Heath’s papers, the balance available after eliminating the overdraft could ...