Important Bermuda trust decision concerning settlor’s wishes
Keyword(s):
The Uk
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Abstract The intersection between the court’s power to bless the decision of a trustee and the impact of a settlor’s wishes on trustee decision-making has recently been considered by the Supreme Court of Bermuda in the important decision of In the Matter of the R Trust. In blessing the decision of the trustee in this case, the court referred with approval of the dicta of the UK Supreme Court in Pitt v Holt that the settlor’s wishes are simply a “relevant consideration”.