Elizabeth Houghton examines implied revocation of deeds of appointment Those drafting wills should be cautious about including general ‘sweeper’ wording unless there is a good reason to. In the recent case of Equiom (Isle of Man) Ltd v Velarde [2021] it was held that a wide power of appointment contained in a will had the …
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Wills & Trusts Law Reports | June 2016 #160An application was made on 16 February 2016 to vary the trusts of the will of a testator (will) and of a settlement made by reference to the will (settlement) by the testator’s brother (settlor) pursuant to the Variation of Trusts Act 1958. The claimants included the eldest surviving son and eldest grandson of the settlor. The defendants included the trustees of the will and the settlement (trustees) as well as a class of the settlor’s descendants and their respective spouses who were beneficiaries under the will and the settlement.
The trust funds of the will...
