Trustees rights

Publication Type

Book Chapter

Publication Date

1-2026

Abstract

In modern times, trusts are commonly administered by professional trustees as part of wealth management services and corporate trustees in the commercial world. Professional trustees would be unwilling to act if they were subject to onerous duties without being conferred certain rights. Hence, the positive aspects of trustees’ rights are important. This chapter focuses on several key aspects of trustees’ rights from a comparative perspective, namely a trustee’s (a) right of indemnity in relation to costs and expenses properly incurred pursuant to trust administration; (b) equitable lien on trust property; (c) right of indemnity against beneficiaries; (d) right of indemnity with respect to costs in legal proceedings; and (e) right to remuneration.

Keywords

trustees, trustees’ rights, trustees’ right of indemnity, trustee’s equitable lien on trust property, trustee’s right to remuneration

Discipline

Comparative and Foreign Law | Estates and Trusts

Research Areas

Private Law

Publication

The Oxford Handbook of Comparative Trust Laws

Editor

Mark Bennett, et al

ISBN

9780198890485

Identifier

10.1093/oxfordhb/9780198890485.013.0006

Publisher

Oxford University Press

City or Country

Oxford

Additional URL

https://doi.org/10.1093/oxfordhb/9780198890485.013.0006

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