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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

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.

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