Skip to main content
Taylor & Francis Group Logo
    Advanced Search

    Click here to search products using title name,author name and keywords.

    • Login
    • Hi, User  
      • Your Account
      • Logout
      Advanced Search

      Click here to search products using title name,author name and keywords.

      Breadcrumbs Section. Click here to navigate to respective pages.

      Chapter

      Breach of trust
      loading

      Chapter

      Breach of trust

      DOI link for Breach of trust

      Breach of trust book

      Breach of trust

      DOI link for Breach of trust

      Breach of trust book

      ByMohamed Ramjohn
      BookBeginning Equity and Trusts

      Click here to navigate to parent product.

      Edition 1st Edition
      First Published 2013
      Imprint Routledge
      Pages 22
      eBook ISBN 9780203387351
      Share
      Share

      ABSTRACT

      Trustees play an essential role in the administration of a trust. There are a number of occasions that create a need to appoint trustees. In addition, there are both statutory and common law provisions to facilitate the retirement and removal of trustees during the continuance of the trust. Trustees are regarded as occupying a fi duciary position and are required to comply with a number of duties in order to maintain the proper administration of the trust. By the same token, trustees are vested with additional powers in order to facilitate their dealings with the trust property. Where the trustees neglect their duties or misconduct themselves in exercising their powers, they may become liable to the benefi ciaries for breach of trust. In exceptional circumstances, the trustees may be relieved from liability by reference to a clause contained in the trust instrument or by relying on a statutory provision. Finally, the benefi ciaries may use personal or proprietary remedies against the trustees or defaulting third parties in order to alleviate their losses.

      T&F logoTaylor & Francis Group logo
      • Policies
        • Privacy Policy
        • Terms & Conditions
        • Cookie Policy
        • Privacy Policy
        • Terms & Conditions
        • Cookie Policy
      • Journals
        • Taylor & Francis Online
        • CogentOA
        • Taylor & Francis Online
        • CogentOA
      • Corporate
        • Taylor & Francis Group
        • Taylor & Francis Group
        • Taylor & Francis Group
        • Taylor & Francis Group
      • Help & Contact
        • Students/Researchers
        • Librarians/Institutions
        • Students/Researchers
        • Librarians/Institutions
      • Connect with us

      Connect with us

      Registered in England & Wales No. 3099067
      5 Howick Place | London | SW1P 1WG © 2022 Informa UK Limited