Trusts and Estates
No charging clause, no remuneration
Court of Appeal comments on professional trustees' availability to charge in the absence of a charging clause
Carmen Barragan-Lopez
In
Brealey v Shepherd & Co Solicitors [2024] EWCA Civ 303, the Court of Appeal provided guidance on the correct interpretation of section 29(2) of the Trustee
Act 2000, as well as the court's inherent jurisdiction to permit trustees to be remunerated.