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Mounted fish with a hook

Hook, line and sinker

Kerry Morgan-Gould and Faye Dunn discuss a recent England and Wales decision where trustees appointed the family farm to one of four siblings

In January 2024, the allegation that a vintage stuffed pike was evidence of trustees’ bias towards one of four principle beneficiaries of an estate valued at GBP6.8 million reeled in professionals, press and public alike.[1] However, this detail was a drop in the ocean in this family battle, a case that put the spotlight on the discretionary powers of trustees in the application of trust assets.

 

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