In re Y Trust v [2011] JLR_Note 34 (04 August 2011)

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

Summary, issues, holding and outcome

More case intelligence is available

Unlock the full research layer for this judgment.

Full judgment text Downloadable case file Legal principles 1 Party arguments 1
Sign in to unlock

Parties

Y Trust

Applicant

Procedural Posture

Trust Application / Application for Court Sanction

  1. 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