What is the test for terminating a trust?
Prince Edward Island, Canada
The following excerpt is from White v. Compton and Compton, 2021 PESC 10 (CanLII):
Having met all the requirements as required pursuant to the test as set out in Saunders v. Vautier, I find that this is an appropriate case to allow the trust to be terminated and the entirety of the trust property to be transferred to the applicant by the trustees forthwith.
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