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A Practitioner's Guide to Powers and Duties of Trustees isbn 9781845925802

A Practitioner's Guide to Powers and Duties of Trustees


ISBN13: 9780754514893
ISBN: 0754514897
New Edition ISBN: 1845925807
Published: July 2002
Publisher: Bloomsbury Professional
Country of Publication: UK
Format: Paperback
Price: Out of print



A Practitioner's Guide to Powers and Duties of Trustees is a practical self-contained guide to an important area of law which has gained prominence as a result of the changes wrought by the Trustee Act 2000. This book covers all aspects of powers and duties of trustees, including the duties of care they owe, administrative and dispositive responsibilities, matters which can and cannot be delegated, as well as featuring cases in detail.

Written by well known practitioners in the field, this concise, user-friendly handbook appeals to all those who are involved with trust property, whether as a beneficiary, trustee or personal representative, and their professional advisers.

Reprinted with ISBN: 9781845925802

Subjects:
Equity and Trusts
Contents:
"PART 1: DUTIES OF TRUSTEES 1. Duty to act unanimously
2. Duty to consult and to obtain consents and directions
3. Duty to exercise reasonable care and skill
4. Duty to act honestly
5. Duty not to benefit personally
6. Duty to act impartially
7. Duty to get in and safeguard trust property
8. Provision of information and disclosure of trust documents
9. Limitation of and relief from liability.
PART 2: ADMINISTRATIVE POWERS
10. Power to charge remuneration
11. Power to invest
12. Powers of acquiring, selling and leasing land
13. Power to borrow on the security of the trust property
14. Power to insure trust property
15. Power to carry on a business
16. Power to compromise and power to litigate
17. Power to appropriate and power to partition
18. Power to delegate
19. Power to accumulate income
20. Powers of appointment and retirement
21. Taking additional administrative powers or surrendering or releasing powers
PART 3: DISPOSITIVE POWERS 22. Trust powers and duties distinguished
23. Construction of dispositive powers
24. Powers of maintenance
25. Power of advancement
26. Power to appoint
27. The rule against perpetuities
28. Dispositive powers: their duration and release
29. Power to apply to the court - the surrender of discretion to the court
30. Power to vary trusts."