Trustees' duties to notify discretionary beneficiaries: Balancing settlor wishes against disclosure obligations

A perennial tension in trust law concerns the extent to which trustees may accede to a settlor's wishes to maintain secrecy over the existence of a trust and its beneficial class. This article considers the position of trustees who under Guernsey law, at the settlor's request, are instructed not to notify adult discretionary beneficiaries, specifically the settlor's children and their issue, of their status under the trust...... By: Walkers