Continue reading "Trusts: Folly engaged"
Trusts: Folly engaged

Mark Pawlowski discusses the case law on testamentary trusts for useless or capricious purposes ‘Unwarranted restrictions on the use of estate property, as opposed to their outright destruction, have been struck down on principles of wastefulness and harm to individuals or community.’The notion that a trust may fail because it serves no useful purpose or …