trustee ratification

Acting without authority: What you need to know before acting as a trustee.

7th November 2023|Commercial Law, Litigation, Trusts Law|

It is vital that a trustee is authorised by the Master before they exercise or undertake any trustee powers or duties. If this is not adhered to, these unauthorised acts are void and of no legal effect. This can place the trust, its beneficiaries and even the trustees themselves, depending on the circumstances, in a precarious position which could have financial or other adverse consequences.

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