If you found BAILII useful today, could you please make a contribution?
Your donation will help us maintain and extend our databases of legal information. No contribution is too small. If every visitor this month donates, it will have a significant impact on BAILII's ability to continue providing free access to the law.

Thank you very much for your support!

Jersey Law Reports

You are here: BAILII >> Databases >> Jersey Law Reports >> In re Onorati Settlement v [2013] 2 JLR 324 (17 September 2013)
URL: http://www.bailii.org/je/cases/JLR/2013/JLR132324.html
Cite as: [2013] 2 JLR 324

[New search] [Help]

In re Onorati Settlement v 2013 (2) JLR 324 (17 September 2013)

Trusts-powers and duties of trustees-exercise of discretion-Hastings-Bass principle-under principle as previously applied (although now doubtful whether correct), trustee's exercise of discretion set aside if would not have been made had trustee not ignored relevant matters (including tax) or considered irrelevant matters-breach of fiduciary duty for trustee not to consider adverse tax consequences of disposition to UK-resident beneficiaries-inadequate to rely, without sight, on advice allegedly obtained by beneficiaries-appointment of entire trust fund set aside if trustee failed to consider or forgot serious adverse tax consequences

The document you wish to view is available to registered users or can be purchased as a PDF. To purchase this document in PDF format or alternatively to Register to purchase membership go to the Jersey Law website via this link: 2013 (2) JLR 324