As a trustee, the issue of whether a particular decision is “momentous” is often clear, as is the need to apply to court for its blessing of that
Those attempting to reverse a decision of trustees have, since 1975, invoked "the rule in Hastings-Bass".
Case law relating to trusts and estates is constantly evolving.
The court has shown its displeasure with trustees under a will who did not discharge their duties properly, by removing them and replacing them with professional trustees.
It has always been difficult for beneficiaries to bring a claim against the directors of a corporate trustee as they benefit from the protection of the “corporate veil”.