Commentary

9.5 Varying the trusts to obtain a new perpetuity period

POWERS OF APPOINTMENT vol 33
| Commentary

9.5 Varying the trusts to obtain a new perpetuity period

| Commentary

9.5 Varying the trusts to obtain a new perpetuity period

In cases where the amounts involved are sufficient to justify the costs involved, it is possible to apply to court under the Variation of Trusts Act 1958 for a new perpetuity period. In Wyndham v Egremont1, substantial funds were held on trust. The perpetuity period was 20 years from the death of the last survivor of the issue, whether children or more remote, of His late Majesty King George V, living on 20 May 1940. Given the ages of the remaining royal lives in being, the youngest of whom (HRH

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