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.

www.lawjournals.co.uk/2017/05/11/trusts-estates-law-and-tax-journal/variation-keeping-up-to-date/

Mary Ashley

Mary Ashley

Barrister

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