Keywords:
First principles Style Principles of interpreting trust documents Beneficiaries Trustees Trustees' powers Trust property Rules against perpetuities and accumulations General provisions of a trust Drafting and understanding overriding powers (appointment variation, resettlement and advancement) Exercising overriding powers Settlor exclustion clause, tax rates of minor and default cause Discretionary trusts Child maintenance trusts Will trusts Administrative provision Bare trusts Charitable trusts Trusts for disabled beneficiaries Governing law, place of administrative and jurisdiction clauses Restricting rights of beneficiaries Executions of wills and trust deeds Appointment and retirement of trustees Indeminities for executors and trustees Stamp duty