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England and Wales decisions
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The High Court refused trustees’ request to advance most trust capital to a life tenant so she could give it to charity, holding the transaction was not for her benefit.
X v A & Ors [2005] EWHC 2706 (Ch) (29 November 2005)
Trustees sought directions to advance substantial trust capital to a life tenant so she could give it to charity. The High Court refused, holding the proposed payment was not for her benefit.
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