Abstract

Abstract In B v Erinvale PTC Limited & O'rs 2020 (2) JLR 316 (Erinvale), the Royal Court of Jersey has handed down a judgment which has important implications for trustee decision-making processes. In the context of a divorce between two of the beneficiaries (the husband also being the settlor), the trustee was requested to add the wife as a beneficiary of the relevant trust in her own right, her beneficial status being contingent at that time on her being the settlor’s spouse. The judgment in Erinvale, in which the Court scrutinised whether the wife’s request had been correctly decided by the trustee, stands as a stark illustration of the exacting standards which trustees are expected to meet.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.