Two brothers sought advice after discovering that a family trust had been informally varied under pressure from their father, leaving them financially exposed. One had relinquished his interest in the family company; the other operated a letting business dependent on properties controlled by the father.
The trust had vested, but the father continued to dispose of assets and obstruct access to documentation. No formal tenancies existed, and prior decisions had been made without independent advice.
Counsel reconstructed the trust’s original terms, identified breaches of fiduciary duty, and advised on asserting beneficial interests. A joint strategy was developed to restore the brothers’ positions and protect their businesses.
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