Hello,
Knight v Knight - intention to create a trust, the assets must be clear and the objects (beneficiaries) are certain.
Trustees aren’t mentioned to my knowledge in the case law, (3) certainties - I’d suggest changing trustees does not affect the intention.
We’d assume changing the assets and beneficiaries also will not affect intention.
The case law focuses on clarity of the assets and beneficiaries - the fact they change does not affect intention in my opinion.
Richard
PFEP