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Complete Equity and TrustsText, Cases, and Materials

Complete Equity and Trusts: Text, Cases, and Materials (5th edn)

Richard Clements and Ademola Abass
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date: 18 July 2024

p. 29911. Maintenance and advancement and protective trustslocked

p. 29911. Maintenance and advancement and protective trustslocked

  • Richard ClementsRichard ClementsLeader of International Partnerships (Law) at the, University of the West of England, Bristol
  •  and Ademola AbassAdemola AbassHead of the African Centre for Peace and Security Training, Institute for Security Studies, Addis Ababa

Abstract

Titles in the Complete series combine extracts from a wide range of primary materials with clear explanatory text to provide readers with a complete introductory resource. This chapter discusses the following: express powers of maintenance; exclusion of maintenance; the statutory power of maintenance; power to maintain infant beneficiaries, duty to maintain an adult beneficiary; accumulations; trust income; contingent pecuniary legacies; the power of the courts to award maintenance; the meaning of advancement; the statutory power of advancement; express powers of advancement; trustees discretion in granting maintenance and advancement; the courts’ power to authorize advancements; the exercise of discretion; and protective trusts and determining events.

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