STEP Cayman Islands lunchtime lecture. 15 September 2023

Trustees and their expenses – a modern approach?
with Fenner Moeran KC

• The issue – what are ‘expenses [properly] incurred’?
• The traditional answer – ‘authorised transactions’, and historic categories
• The problem – modern situations outside the historic categories, e.g. borrowing and litigation funding
• The solution – a purpose-based analysis of the (trans-)action?

What trustees can/should do when beneficiaries fall out
with Clare Stanley KC

• Disagreements between beneficiaries
• Disagreements between beneficiaries with the trustee
• Conflicts of interest and how to manage them
• Legal privilege – when can beneficiaries see legal advice taken by the trustee 

The lectures are presented by Wilberforce Chambers, who will also provide a light lunch.

Email [email protected] to register your place.