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Transcript

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Re Astor's Settlements Trusts

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principle that non-charitable trusts must be for beneficiaries and not purposes.

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Characters in Re Astor's Case

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Waldorf Astor

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David Lloyd George 

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Lady Astor

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FACTS:

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Waldorf Astor, private secretary to David Lloyd George

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And David Lloyd George is the husband of Lady Astor

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Then, David Lloyd George die.

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FACTS:

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He had wished to create a trust for the ‘maintenance… of good understanding… between nations’

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By using the money from the shares he owned in his newspaper The Observer.

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Will was challenged- trust for purpose could not be valid.

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JUDGEMENT

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Roxburgh J held that: 

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the trust failed because of the lack of beneficiaries, and it was uncertain.

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But if the purposes are not charitable, great difficulties arise both in theory and in practice.

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A court of equity does not recognise as valid a trust which it cannot both enforce and control...

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Thank you