Payne Hicks Beach

Payne Hicks Beach

12 May 2021

The ongoing importance of the statutory power of advancement

Article by Jessica Henson and Charlotte Henshall, Partner and Associate and leading trusts litigation lawyers at Payne Hicks Beach, in which they discuss the ongoing importance of the statutory power of advancement, first published by eprivateclient online on 11 May 2021 and reproduced with kind permission.

Click here to read Jessica and Charlotte's article https://www.paminsight.com/epc/article/ongoing-importance-statutory-power-advancement (paywall)

Jessica Henson and Charlotte Henshall acted, for the successful trustees in the recently decided judgment of Womble Bond Dickinson (Trust Corporation) Limited & ors v Glenn & ors [2021] EWHC 624 (Ch). 

eprivateclient acknowledged that the recently decided judgment offered a rare examination of a fundamental piece of legislation for trustees nearly 100 years since its introduction and wrote that the case - which examined the statutory power from first principles - may be recognised as one of the few authorities in the last century clarifying its application.

Click here to read eprivate's article first published online on 12 April 2021 https://www.paminsight.com/epc/article/payne-hicks-beach-successfully-acts-for-trustees-in-%E2%80%98landmark-trust-law-decision (paywall)

For further information please contact by email either Jessica Henson or Charlotte Henshall or telephone on 020 7465 4300

 

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This publication is not intended to provide a comprehensive statement of the law and does not constitute legal advice and should not be considered as such. It is intended to highlight some issues current at the date of its preparation. Specific advice should always be taken in order to take account of individual circumstances and no person reading this article is regarded as a client of this firm in respect of any of its contents.

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