Thank you very much. You have bee soo helpful!
On 14 Mar, 12:15, LDGantly <[email protected]> wrote:
> With a power, the executor has discretion as to whether or not to
> distribute the trust property but with a duty, no such discretion
> exists.
> In relation to your second q, id bring in remuneration briefly
> regardless of the question as long as it has something to do with
> trustees earning profits from the trust. Id also bring in the right to
> claim reasonable expenses.
>
> On Mar 14, 7:58 am, ellenellen <[email protected]> wrote:
>
> > Can anyone please tell me the difference between a power and a duty in
> > respect of Trusteeship??? Also where there is a question concerning
> > trustees and their duty not to make a profit am I supposed to talk
> > only about profit in regards to the Fair Dealing and Self
> > Dealing....or do we also mention Remuneration? Or do I only talk about
> > Remuneration when the question specifically asks>
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