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Clayton - implications for practitioners

NZ $30.00
Kate Davenport QC 2016 Tammy McLeod 2016
Kate Davenport QC
Bankside Chambers
Auckland
Tammy McLeod
Davenports Harbour
Auckland

Authors: Kate Davenport QC, Tammy McLeod
Published: 2 November 2016
Pages: 18

Introduction

There is no introduction for this publication.

Content outline

  • Clayton v Clayton – the implications of the supreme court decision for trusts and practitioners
    • The facts: Clayton v Clayton
    • The s 182 decision (Claymark)
    • The supreme Court’s judgment
    • Nuptial settlement?
    • What is a settlement?
    • What qualifies as “nuptial”?
    • Contracting out s 182(6)
    • The Vaughan road property trust – Mr Clayton’s powers in trust found to be relationship property
    • What is property?
    • Advice: how to avoid an interest in a trust being found to be property
  • Practical drafting tips
    • Drafting trust deeds in light of Clayton
    • The beneficiary class
    • The power to appoint and remove beneficiaries
    • The power to appoint and remove trustees
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