The personal nature of a trustee’s risk

The personal nature of a trustee’s risk

Author: Geoffrey Shindler (2000)

Geoffrey Shindler examines the range of personal risks inherent in acting as a trustee, from the personal nature of covenants to some potential criminal offences
(taken from Isssue No 13 –  October 2000)

 Victorian values (and before)
Whilst no doubt silently applauding their good nature and personal self-sacrifice, Judges through the ages have given trustees something of a hard time. Lord Hardwicke said in 1747 that a trust

`if faithfully discharged with no small degree of trouble and anxiety is an act of great kindness in anyone to accept it`;

Knight -v- Earl of Plymouth (1747) 3 Atk 480.

Trust Quarterly Review

Trust Quarterly Review

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

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