Trustees' Powers and Duties and Personal Liability for Breach - Trust - Remuneration of Trustees
9 important questions on Trustees' Powers and Duties and Personal Liability for Breach - Trust - Remuneration of Trustees
Section 28 and 29 Trustees Act 2000
Hardoon v Belilios [1901]
Circumstance Trustee is Remunerated #1: Authorised by Trust Instrument
** Special position for charity trustees where the agreement of a majority of trustees is required to remunerate the trustee (section 28(3) TA 2000)
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Circumstance Trustee is Remunerated #2: Authorised by Statute
Circumstance Trustee is Remunerated #3: Authorised by Court
For past or exceptionally future services
Foster v Spencer [1996]
Circumstance Trustee is Remunerated #3: Authorised by Court
Circumstance Trustee is Remunerated #3: Authorised by Court
Re Duke of Norfolk's Settlement Trusts [1982]
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