The Court of Appeal’s recent decision in Cardona -v- Rooney (9th February) brought to mind a `ticklish` issue concerning section 27(2)(b) of the Trustee Act 1925 – does it apply to distributions of personalty? Should trustees/personal representatives perform bankruptcy searches before distributing?
Login or register to continue reading.
It will only take a moment and youll get access to the TACT publications.
Please note, if registering a new account for the first time, this will require approval by a TACT member of staff before access is granted.
The Trust Quarterly Review is published in partnership with STEP, it discusses matters of interest to trustees and executors with a focus on the particular interests of trust corporations in mind