Parsonage v Parsonage relates to the currently vexed matter as to whether an attorney under an enduring power of attorney (EPoA) can exercise powers to appoint / remove trustees. In Parsonage the relevant clause was as follows: 20 (a) THE power to appoint new Trustees shall be vested in Mary Parsonage during her lifetime and after … Continue reading →
There is little that is attractive about aging. However, it is a fact of life that must be faced. In the life of a trust this fact must also be faced squarely and pragmatically. Trustees are the “legal” face of a trust and as such own the trust property. Trust fundamentals. So far so good. … Continue reading →