Jersey Judgment

Caversham Trustees Ltd. v Patel [2007] JLR_Note 30 (21 March 2007)

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Source document

01

Holding and result

A trust can be terminated at the request of all beneficiaries if they are of full age and capacity.

Court disposition

trust terminated at beneficiaries' request

02

Material facts

Parties

Caversham Trustees Ltd.

Applicant

Patel

Respondent

03

Procedural history

  1. Posture

    Trusts / Judgment

04

Questions and positions

Legal issues

Whether a trust can be terminated at the request of beneficiaries

Party arguments

Applicant
The trust should not be terminated solely at the request of beneficiaries.
Respondent
The beneficiaries have the right to request termination of the trust.

05

Court’s reasoning

  1. 01

    trust law

    A trust may be terminated at the request of all beneficiaries if they are of full age and capacity.

06

Ratio, limits and disposition

Ratio decidendi

A trust can be terminated at the request of all beneficiaries if they are of full age and capacity.

Court disposition

trust terminated at beneficiaries' request

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Judgment

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