Public Trustee v Harrison [2018] WTLR 299
Wills & Trusts Law Reports | Spring 2018 #171By an Indenture dated 6 March 1925 (“Indenture”), Charles Harrison (“Settlor”) settled property on his only child, Jeannette Harrison (“Life Tenant”). By Clause 18(ii), the Life Tenant was given a testamentary power of appointment in the event of dying without issue in favour of nephews of nieces of the Settlor and/or their issue subject to a proviso that the Trust Fund or the shares thereof should be retained by the Trustees on such trusts and with and subject to such powers and provisions as would for the time being be applicable to a share appropriated by them to the object or objects...
Cripps Trust Corp v Sands [2012] EWHC 2229 (Ch)
Wills & Trusts Law Reports | May 2013 #129Lieutenant Colonel Sands died in 2000 leaving a will and codicil. He left a large and valuable collection of paintings and other chattels which, under clause 2 of his codicil, he gave to be held on trust by his trustee, Cripps Trust Corporation (CTC), for his wife Mrs Sands (who had passed away some time before the court case) for life and then to be divided between a class of beneficiaries that included galleries and museums. If CTC did not exercise this power the residuary beneficiaries of the will (in this case Lieutenant Colonel Sands’ grandchildren) would take the paintings an...