Can beneficiaries of a trust call in the trust from the trustee?
Ontario, Canada
The following excerpt is from Guest v. Lott, 2013 ONSC 7781 (CanLII):
The rule in Saunders v. Vautier provides that beneficiaries of a trust may end the trust and call in the property from the trustee: (1) if all the beneficiaries are under no legal incapacity, and (2) if the beneficiaries are unanimous and constitute the only persons entitled to the trust property.
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