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. Under the rule in Saunders v Vautier (1841) Cr & Ph 240, the beneficiaries may…

Vary the trust correct incorrect

Create a new trust correct incorrect

Give directions to the trustees correct incorrect

End the trust correct incorrect

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. What is unusual about the decision in Hambro v Duke of Marlborough [1994] Ch 158?

A beneficiary's equitable interest was changed correct incorrect

A trust created by an Act of Parliament was changed correct incorrect

A trust was varied without the consent of an adult beneficiary correct incorrect

A protective trust was used correct incorrect

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. An 'arrangement' under the Variation of Trusts Act 1958 allows the court:

To make any change to the trust that the court thinks fit correct incorrect

To only change the powers and duties of the trustees correct incorrect

To change everything except the main purpose of the trust correct incorrect

To change only the equitable interests correct incorrect

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. Under section 1 (1) of the Variation of Trusts Act 1958 the court may give its consent to a variation for those who cannot consent for themselves. For which of the following could the court not give its consent?

A ten year old child correct incorrect

The husband that a single beneficiary might marry at some time in the future correct incorrect

An unborn child correct incorrect

A 21 year old life interest correct incorrect

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. In which of the following situations should the court refuse consent to a variation of trust?

It is not for the benefit of all the beneficiaries for whom the court must give consent correct incorrect

It is not for the benefit of all the living beneficiaries correct incorrect

It is contrary to the expressed wishes of the testator or settlor correct incorrect

The variation may save the beneficiaries tax correct incorrect

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. Why did Lord Denning not allow the proposed variation of trust in Re Weston [1969] 1 Ch 223?

Tax saving is not permitted under variation of trust correct incorrect

Jersey is not a suitable place for children to live correct incorrect

Relocation of a trust to another jurisdiction is only allowed if the move is genuine and permanent correct incorrect

Children should be brought up in England correct incorrect

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. Why was the variation of trust agreed in In Re Remnant's Settlement Trusts [1970] 1 Ch 560?

Religious discrimination is not permitted under the Human Rights Act 1998 correct incorrect

It was for the benefit of the children to avoid family dissension correct incorrect

The families agreed correct incorrect

It respected the intention of the testator correct incorrect

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. When a variation is authorized in order to save tax, the court must be satisfied that…

All the beneficiaries will be better off correct incorrect

All the beneficiaries for whom the court is consenting will be better off correct incorrect

All the beneficiaries for whom the court is consenting are taking a risk that an adult would take correct incorrect

The children will be better off correct incorrect