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Eddi and Harry would generally not be liable for the actions of a co-trustee according to the general rule under Section 35(1) of the relevant legislation. However, the second half of Section 35(1) provides exceptions where a trustee can be liable, such as in cases of willful default.
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Whether Eddi and Harry Can Be Liable for the Action of a Co
Eddi and Harry would generally not be liable for the actions of a co-trustee according to the general rule under Section 35(1) of the relevant legislation. However, the second half of Section 35(1) provides exceptions where a trustee can be liable, such as in cases of willful default.
Eddi and Harry would generally not be liable for the actions of a co-trustee according to the general rule under Section 35(1) of the relevant legislation. However, the second half of Section 35(1) provides exceptions where a trustee can be liable, such as in cases of willful default.