4 May 2020
HOPE GOWER FAMILY TRUST & GORDON GOWER FAMILY TRUST [2020] NZHC 890
- Citation
- [2020] NZHC 890
- Court
- High Court
Given unanimous consent of existing beneficiaries of full capacity, the limited and speculative nature of any detriment to potential future grandchildren, the significant trust asset values and the practical need to allow family members to act as trustees to preserve and potentially increase trust value, the Court, exercising its wide discretion under s64A, approved the proposed variations as not detrimental to those who cannot legally consent.