Smith & anr v Stanley & ors [2019] EWHC 2168 (Ch)

WTLR Issue: Autumn 2020 #180

The testator died in March 2015. By his last will of 14 March 2015 (the will) the testator gave the sum of £4.2m (the legacy fund) to his trustees to be held upon trust to pay the income to his widow for life, subject to an overriding power of appointment in clause 4 of the will for the benefit of a class of discretionary beneficiaries including the testator’s sister...

Hartogs v Sequent [2019] EWHC 1915 (Ch)

WTLR Issue: Summer 2020

The first defendant was trustee of two trusts established by the claimant and named The Milky Way Settlement Trust (Milky Way) and the Mercurius Settlement (Mercurius). Each of the second and third defendants was a company wholly owned by the first defendant as trustee...