Powers and Duties of Executors and Trustees

Unless the powers of executors and trustees are extended or varied by the will, the powers are limited to those given by statute. The main statutory powers are set out here under: Section 3 of the Trustee Act 2000 (the Act) gives a general power to invest in anything other than land. Section 4(1) provides that when exercising any power of investment trustees must take into account the statutory investment criteria which are: The suitability to the trust of investments of the type proposed and of that particular investment as…

Property transactions and Japanese Knotweed

Japanese Knotweed is an invasive species of plant which can cause damage to properties if left untreated, particularly with drains and other buried services, paths and driveways, boundary/retaining walls, outbuildings, conservatories and gardens. Your legal responsibilities for invasive plants and injurious weeds If you have invasive plants or injurious weeds on your premises, you have a responsibility to prevent them spreading into the wild or causing a nuisance. You must not plant or otherwise cause to grow in the wild any plant prescribed under the Wildlife and Countryside Act 1981.…

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