The WLR Daily case summaries
[2013] WLR (D) 172
DEED— Mistake— Application to set aside— Receiver creating discretionary trust and settling proceeds of patient’s damages claim on it for his future care— — Receiver failing to take into account inheritance tax consequences when establishing settlement— — Whether equitable relief for consequences of mistake available
TRUSTS— Trustee— Duty of trustee— Trustees on advice exercising discretionary powers of enlargement and advancement for purpose of avoiding potential capital gains tax liability— — Advisers giving incorrect advice on capital gains tax consequences of transaction— — Whether court to set aside transactions as ineffective