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I want information! Beneficiaries' basic right or court controlled discretion?
Core to the concept of a trust is that its beneficiaries have an entitlement to secure its proper administration. Essential to the effective exercise of this entitJement is the ability to access information relating to the management of the trust property. The notion that beneficiaries have an equitable interest in the trust property traditionally translated into beneficiaries' access to trust lnfonnation being perceived as evincing a proprietary foundation. This has been challenged in the last decade o.- so, in large part as a result of the incidents of the modern discretionary trust. In its place suggestions have been made for a broad curial discretion to govern beneficiaries' access to trust information. This article queries moves in this direction, not only as inconsistent with the nature of a trust but for fear of prompting greater litigation over trusts.
History
Publication title
University of Tasmania Law ReviewVolume
32Pagination
52-69ISSN
0082-2108Department/School
Faculty of LawPublisher
University of Tasmania Faculty of LawPlace of publication
AustraliaRights statement
Copyright 2013 Law School, University of TasmaniaRepository Status
- Restricted