Representation of X Trustees Limited re D and E Trusts
Representation of X Trustees Limited re D and E Trusts [2023] JRC 075 (12 May 2023)
The Jersey Royal Court refused to bless trustees’ decision to terminate two trusts and distribute their assets, citing conflict, tax, and valuation concerns.
- Momentous trustee decisions
- Court blessing applications
- Conflict of interest
- Tax liability
- Valuation of trust assets
- Trust-law