A trust can exist independently of any deed or express arrangement. This was demonstrated in a recent case where a father was required to account to his two daughters for gifts and money they earned in a school holiday job. The case was widely reported as kids sue father for pocket money has a catchy ring to it … Continue reading →
Powers of attorney are regularly granted so that one person can act on another person’s behalf. The granting of power to an attorney can facilitate transactions and represent a practical solution in many personal and business situations. However, the granting of unfettered power can be abused. The recent decison in Lines v Pikia provides a … Continue reading →