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."

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.