Discretionary Trusts - Powers of Appointment - Fiduciary powers of appointment
4 important questions on Discretionary Trusts - Powers of Appointment - Fiduciary powers of appointment
When a power of appointment is confered on a trustees, what type of power is this called?
Can the fiduciary power make an appointment (i.e. Chose someone who is not an object of the trust) outside the terms of the power?
Is a power in breach of their duty if they blindly follow the order of the settlor which are not contained in the trust settlement? What is the main authority for this?
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In what circumstances may the court intervene? What is the main authority for this?
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