Changing the Terms of Trusts

Written by an experienced practitioner, this book deals specifically with the variation of trusts from a UK and an international perspective. The book covers all the circumstances in which the terms of a trust can be varied, and the different methods: by use of the powers in the trust instrument; by voluntary act of the beneficiaries; or by the court. The new edition has been fully updated to include coverage of pension schemes and charities. New material includes: - New legislation includes Perpetuities and Accumulations Act 2009 and Finance Act 2006 - New part on mistake including sections on - Hastings Bass - Gibbon v Mitchell - Rectification - Formal invalidity - Turner v Turner - New chapter on Trustee Act 1925, s 57 including discussion on dividing line with varying trusts (e.g. powers of appropriation) - Chapter on mental capacity issues (including Mental Capacity Act 2005) - Chapter on statutory jurisdiction under Matrimonial Causes Act - Chapter on amendment of occupational pension schemes - Chapter on entrenched provisions - Chapter on comparative law - in particular comparison of offshore equivalents of Trustee Act 1925, s 57/ Variation of Trusts Act 1958