The differences in the approach to certainty of objects for fixed trusts, discretionary trust and fiduciary powers of appointment are a clear demonstration of judicial pragmatism. Critically discuss by reference to specific legal examples.
Ottavio died recently. In his will he created a trust for the benefit of Zerlina and Masetto, and he named Anna and Elvira as trustees. Anna is a teacher and Elvira an accountant. The subject matter of the trust included £1,000,000 cash in the bank, 300,000 shares in Commendatorre Holdings, and a collection of musical […]