In re Y Trust v [2011] JLR 464 (07 July 2011)

In re Y Trust v [2011] JLR 464 (07 July 2011)

The trustee's decision was rational, made in good faith, reasonable, and free from conflict of interest; therefore, the court sanctioned the decision even though it differed from previous notional divisions.

Citation
[2011] JLR 464
Parties
Applicant: Y Trust
Jurisdiction
Jersey
Judgment Date
07 July 2011
Procedural Posture
Trust Application / Application for Court Sanction of Trustee Decision
Outcome
Application granted
Legal Topics
Trustee Powers, Exercise of Discretion, Court Sanction of Trustee Decisions
Trusts Trustee Powers Exercise of Discretion Court Sanction of Trustee Decisions

Case Brief

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Parties

Y Trust

Applicant

Procedural Posture

Trust Application / Application for Court Sanction of Trustee Decision

Legal Issues

  1. 1 Whether the court should sanction a trustee's momentous decision regarding distribution of trust assets

Ratio Decidendi

The trustee's decision was rational, made in good faith, reasonable, and free from conflict of interest; therefore, the court sanctioned the decision even though it differed from previous notional divisions.

Court Disposition

Application granted

Orders

  • Trustee's momentous decision sanctioned by the court