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Equity and Trusts help with income from shares and certainties Watch

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    I have a question i'm a bit stuck on. its about a Will i will try to some it up.
    X has left 2 million ordinary shares of 5£ nominal value to trustees, the income from these shares should be paid to the X's Poorest relatives, at discretion of the trustees. the question is to look at the validity of this. my question is in regard to certainty of subject matter. should i be discussing the shares or the income from the shares or both? i know that the shares are intangible and can be discussed in reference to hunter v moss but do I also need to discuss the certainty of the income from the shares? if so can anyone recommend any cases which discuss this any help would be greatly appreciated!! thank you
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    (Original post by someheronamedbob)
    I have a question i'm a bit stuck on. its about a Will i will try to some it up.
    X has left 2 million ordinary shares of 5£ nominal value to trustees, the income from these shares should be paid to the X's Poorest relatives, at discretion of the trustees. the question is to look at the validity of this. my question is in regard to certainty of subject matter. should i be discussing the shares or the income from the shares or both? i know that the shares are intangible and can be discussed in reference to hunter v moss but do I also need to discuss the certainty of the income from the shares? if so can anyone recommend any cases which discuss this any help would be greatly appreciated!! thank you
    You should be looking at certainty of objects - how far does "relatives" extend, and what is "poor". Is this a non- charitable purpose trust. Shares/income are irrelevant.
 
 
 
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