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#equity #law #secret-trust
It was said obiter in the Court of Appeal in Re Maddock [1902] 2 Ch 220 (which concerned a fully secret trust) that the trust will fail if the secret trustee predeceases the testator or disclaims the gift. (In the case of an ordinary gift by will to a person who predeceases the testator, the gift normally lapses, i.e. fails.)
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