In re Y Trust v [2011] JLR_Note 34 (04 August 2011)
- Status
- Judgment
- Jurisdiction
- Jersey
- Posture
- Trust Application / Application for Court Sanction
On this page
Professional case brief
Research organized from the available case record
01
Holding and result
The court's decision turns on whether the trustees' proposed exercise of discretion is within their powers and for a proper purpose.
Court disposition
Application for sanction considered
02
Material facts
Parties
Y Trust
Applicant03
Procedural history
Posture
Trust Application / Application for Court Sanction
04
Questions and positions
Legal issues
Whether the court should sanction the trustees' exercise of discretion in a discretionary trust
Party arguments
- Applicant
- The trustees seek the court's sanction for the exercise of their discretion under the terms of the discretionary trust.
05
Court’s reasoning
Legal principles
- 01
Jersey trust law
The court may be asked to sanction the exercise of discretion by trustees in a discretionary trust.
06
Ratio, limits and disposition
Ratio decidendi
The court's decision turns on whether the trustees' proposed exercise of discretion is within their powers and for a proper purpose.
Court disposition
Application for sanction considered
Source and reliance status
Official court record
This page organises the available record for research. Confirm quotations, current status, and subsequent treatment against the official source before relying on the case.
Judgment reading view
Judgment text
The complete available source text.
Court record
Judgment
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