Re Halstead’s Will Trusts: ChD 1937

The term ‘benefit’ in a trust instrument is to be construed widely. To exercise a power of advancement by settling on an object of the power and his wife and children, property in which he has otherwise only a life interest was an ‘application’.
Farwell J
[1937] 2 All ER 570
England and Wales
Cited by:

  • Cited – Barclays Bank Trust Company Ltd v Revenue and Customs CA 14-Jul-2011
    Parents had each left a share of their estate to the bank on trusts for their disabled son. The revenue said that the gifts were caught by and taxable by virtue of sections 5, 49 and 89 of the 1984 Act, the residuary estates of both parents forming . .
    [2011] EWCA Civ 810, [2011] NPC 75, [2011] WTLR 1489, [2011] BTC 375

These lists may be incomplete.
Updated: 03 December 2020; Ref: scu.441864