In re Y Trust v [2011] JLR_Note 34 (04 August 2011)
The court's decision turns on whether the trustees' proposed exercise of discretion is within their powers and for a proper purpose.
- Parties
- Applicant: Y Trust
- Jurisdiction
- Jersey
- Judgment Date
- 04 August 2011
- Procedural Posture
- Trust Application / Application for Court Sanction
- Outcome
- Application for sanction considered
- Legal Topics
- Discretionary Trusts, Trustees' Exercise of Discretion, Sanction of Court
Case Brief
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Parties
Y Trust
Applicant
Procedural Posture
Trust Application / Application for Court Sanction
Legal Issues
- 1 Whether the court should sanction the trustees' exercise of discretion in a discretionary trust
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
Full Case Text
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