Gestrust SA v Sixteen Defendants [2018] WTLR 421

Wills & Trusts Law Reports | Summer 2018 #172

The claimant was the sole corporate trustee of a trust created by a deed of settlement dated 5 November 1963 and made by a settlor for the benefit of his four children and their respective spouses and descendants. The defendants were two of the settlor’s surviving children, the widows of two deceased children and descendants to the 
fourth generation. As a result of deeds of appointment made on 28 March 1979 and 
31 December 1982, each of the settlor’s four children became entitled to a life interest in their respective one-quarter shares of the trust fund, with reversionary life interes...

Musings From Manchester: Wealth and safety

Geoffrey Shindler considers how much children should know about their parents’ wealth ‘I have the feeling that some of us are more comfortable dealing with beneficiaries and exercising or not exercising the powers of appointment vested in us as trustees than we are dealing with the same issues which confront us as parents.’ WS Gilbert …
This post is only available to members.