[2025]GRC099 A Trust Company v Settlor and Beneficiaries A and B anonymised

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The Royal Court of Guernsey approved the removal of paragraph 3 of the Fourth Schedule to the Z Trust, resolving uncertainty caused by recent UK tax legislation and confirming that the Second and Third Respondents are not Excluded Persons, thereby restoring their status as beneficiaries. All parties’ costs were ordered to be paid from the trust on the indemnity basis.