Re Smith. Public Trustee v Aspinall

JurisdictionEngland & Wales
Date1928
Year1928
CourtChancery Division
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25 cases
  • The Serious Fraud Office v Litigation Capital Ltd (a company incorporated in the Marshall Islands) and Others
    • United Kingdom
    • Queen's Bench Division (Commercial Court)
    • 18 May 2021
    ...to that of the beneficiaries with the fixed interests will be required for a termination.” 196 This principle was applied in Re Smith [1928] 1 Ch 915. The named discretionary beneficiaries under a trust were a Mrs Aspinall and her three adult children, one of whom had died. Mrs Aspinall was......
  • Figg v Clarke
    • United Kingdom
    • Chancery Division
    • 14 February 1996
    ...Devenish v Pester ELR[1895] 2 Ch 348 Pettifor's Will Trusts, Roberts v Roberts ELR[1966] 1 Ch 257 Smith, Re, Public Trustee v Aspinall ELR[1928] Ch 915 Ward v Van der Loeff ELR[1924] AC 643 Whichelow, Re, Bradshaw v Orpen UNK[1953] 2 All ER 1558 White, Re, White v Edmond ELR[1901] 1 Ch 570 ......
  • A v A
    • United Kingdom
    • Family Division
    • 29 January 2007
    ...the requisite intention, to join together for that purpose with the trustees (see Saunders v Vautier (1841) 4 Beav 115 and In re Smith, Public Trustee v Aspinall [1928] Ch 915). But since that would require the participation of all the beneficiaries (see Berry v Geen [1938] AC 575 at page ......
  • Schmidt v Rosewood Trust
    • United Kingdom
    • Privy Council
    • 27 March 2003
    ...gives them a limited power of disposition over the income subject to the discretionary trust, as is illustrated by In re Smith [1928] Ch 915 and In re Nelson (1918) reported as a note to In re Smith. But the possibility of such a collective disposition will be rare, and on his own the obje......
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1 firm's commentaries
  • Rights Of A Discretionary Beneficiary And Liabilities Of The Trustee
    • Cayman Islands
    • Mondaq Cayman Islands
    • 8 June 2008
    ...trust are of full age and capacity, they may call for the trustee to transfer the assets to them and terminate the trust (Re Smith [1928] CH 915; Re Nelson [1928] Ch 920 a development of the principle set out in Saunders v Vautier (1841) 4 Beav 115). FIDUCIARY RELATIONSHIP The absence of a ......
4 books & journal articles
  • Divisional Court
    • United Kingdom
    • Journal of Criminal Law, The No. 62-4, August 1998
    • 1 August 1998
    ...he in fact received payments were purely discretionary, so thathe had no right to capital or income: see Re Smith, Public Trustee vAspinall[1928]Ch 915, where it was said that the beneficiary under adiscretionary trust has a hope, but no entitlement. That being so, themagistrates' court cou......
  • English fiduciary standards and trust law.
    • United States
    • Vanderbilt Journal of Transnational Law Vol. 32 No. 3, May 1999
    • 1 May 1999
    ...Co., [1975] 1 W.L.R. 882 (Ch.); Saunders v. Vautier, [1841] Cr. & Ph. 240; Wharton v. Masterman, [1895] App. Cas. 186; In re Smith, [1928] Ch. 915; Hunt-Foulston v. Furber, 3 C.h.D. 285 (1876); In re Bowes, [1896] 1 Ch. 507. Under the Variation of Trusts Act 1958, the court on behalf of......
  • Variation of Trusts: Settlors' Intentions and the Consent Principle in Saunders v Vautier
    • United Kingdom
    • The Modern Law Review No. 60-5, September 1997
    • 1 September 1997
    ...as they direct, is properly a later extension of the rather narrower propositionthere laid down: see Re Nelson [1928] Ch 920n; Re Smith [1928] Ch 915. In this paper, a reference tothe rule in Saunders vVautier is a reference to the rule in its extended sense.9Goulding vJames [1997] 2 All ER......
  • Equity and Trust
    • Singapore
    • Singapore Academy of Law Annual Review No. 2003, December 2003
    • 1 December 2003
    ...to the trust property for the purposes of the operation of the rule in Saunders v Vautier(1841) Cr & Ph 240; 41 ER 482 (see In re Smith[1928] Ch 915) but not, either individually or as a class, for the purposes of inheritance tax (see Gartside v Inland Revenue Commissioners[1968] AC 553). 1......

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