in Re Wallace’s Settlements: ChD 1968

A judge considering an application to vary trusts should approach it with ‘a fair cautious and enquiring mind’.
Megarry J
[1968] 1 WLR 71
England and Wales
Cited by:
CitedWright and Another v Gater and Others ChD 7-Nov-2011
The beneficiary, a child was to inherit estates of his grandparents and parents, all of which were intestate. An application was made to vary the provisions in order to reduce the liability to Inheritance Tax.
Held: A deferment of vesting . .

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Updated: 01 June 2021; Ref: scu.448125