Zusammenfassung der Ressource
Three Certainties
- Intention
- Import obligation
- Comiskey - "in full
confidence that she
will devise to one or
more of my nieces".
2nd part clearly
mandatory
- But...
- Re Adams - "in full
confidence" not
sufficient.
- "Should"?
- Wallbank -
word merely
precatry
- Subject matter
- Tangiable &
Intangiable
- London Wine -
tangible but no
segregation of
appropriation
- Hunter - intangiable
(shares) therefore no
need for segregation
- Ambiguity
- Palmer - "bulk
of my estate"
- Re Golay -
"reasonable
income" was still
valid
- Objects
- Fixed Trust
- IRC - complete
ascertain ability
test
- Discretionary Trust
- McPhail - Test same as
MP. Wilberforce:
Conceptual, Evidential,
Administrative
Unworkability
- Re Baden - Stamp LJ set
requirements to determine
conceptual certainty. E.g.
certainty if we describe
next of kin within statutory
definition.
- Re Tuck - third party
power to decide?
should stay within
juris or the court
- Individual gifts to persons
answering a description - Re
Barlow it is sufficient if there is
at least one person who fits
description
- Duties
- Survey the class,
consider and appoint
(act in good faith, no
improper selection, no
capricious, no conflict).
- Mere Power
- Re Gestener - can it
be said of any given
person that he or she
is or is not object of
the power? (objective test)
- Re Manisty -
capricious = void
- Duties
- Re Hay - consider
whether to exercise,
survey range of
objects, consider
suitability of
appointments (fiduciary)
- Bare power does not
need to be considered.
No duties in terms of
exercising power. See
Mettoy v Pension Fund