Trustee Powers of Maintenance

In this month’s CPD paper, we will examine the powers given to trustees in relation to trust income under s31 of the Trustee Act 1925 (TA 1925). This power is known as the statutory power of maintenance and like its s32 counterpart, an understanding of how this power works is integral to the drafting of trusts.

Please be sure to read the provided PDF notes before attempting the quiz.

Click the link below to start the quiz.

 

Lesson

Click here to complete the May Online CPD 2021

Trustee Powers of Maintenance In this month’s CPD paper, we will examine the powers given to trustees in relation to trust income under s31 of the Trustee Act 1925 (TA 1925). This power is known as the statutory power of maintenance and like its s32 counterpart, an understanding of how this power works is integral [...]