Guide
Trustee Decision-Making and the Role of the Court: 'Blessing' Applications
07 March 2024
Trustees are often expected to make important decisions in relation to trusts. In relation to particularly momentous decisions, it is usually appropriate for a trustee to obtain the court's approval, by way of a 'blessing' application, before taking steps to act upon such decisions.
This Guide provides an overview of 'blessing' applications and how and when a trustee may obtain the court's assistance.
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Mourant is a law firm-led, professional services business with over 60 years' experience in the financial services sector. We advise on the laws of the British Virgin Islands, the Cayman Islands, Guernsey, Jersey and Luxembourg and provide specialist entity management, governance, regulatory and consulting services.
