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Published on 19 November 2020
Trust's case- Re Astor's Settlements Trusts
AFIQAH's Personal Gallery
Re Astor's Settlements Trusts
principle that non-charitable trusts must be for beneficiaries and not purposes.
Characters in Re Astor's Case
David Lloyd George
Waldorf Astor, private secretary to David Lloyd George
And David Lloyd George is the husband of Lady Astor
Then, David Lloyd George die.
He had wished to create a trust for the ‘maintenance… of good understanding… between nations’
By using the money from the shares he owned in his newspaper The Observer.
Will was challenged- trust for purpose could not be valid.
Roxburgh J held that:
the trust failed because of the lack of beneficiaries, and it was uncertain.
But if the purposes are not charitable, great difficulties arise both in theory and in practice.
A court of equity does not recognise as valid a trust which it cannot both enforce and control...