Full Breakdown
High Court Battle Over Trust Fund Between Sir Benjamin Slade and Lady Pauline Slade
3/24/2026, 3:21:10 AM
Overview of the Dispute
Sir Benjamin Slade, the 7th Baronet of Maunsel, is embroiled in a legal conflict with his ex-wife, Lady Pauline Slade, regarding her £1.2 million trust fund and the sale of Old Farm, a property valued at £585,000 located on his 2,000-acre estate in Somerset. The dispute arises from their 1994 divorce settlement, which granted Lady Slade an income fund and the right to live rent-free in Old Farm. Lady Slade seeks to sell the property to alleviate debts and increase her income, while Sir Benjamin contests her right to do so.
Background of the Case
The couple divorced in 1994 after 12 years of marriage. As part of the settlement, Lady Slade received an income fund worth approximately £651,000 and was allowed to reside in Old Farm. However, she moved out of the property in 2022 or 2023 and later expressed her intention not to return. Her request to sell the house has led to a High Court hearing to determine whether she can compel the trustees of her fund to sell the property and use the proceeds for her benefit.
Legal Arguments
Sir Benjamin's legal team argues that the terms of the divorce settlement only allow Lady Slade to live in Old Farm rent-free and do not entitle her to demand the sale of the property for income generation. His barrister, Robert Deacon, emphasized that the trust was designed solely to provide Lady Slade with permanent accommodation, not to serve as an income-producing asset. Furthermore, he stated that Lady Slade has limited rights regarding her trust fund and cannot manage its capital.
Lady Slade's Position
Lady Slade contends that selling Old Farm is necessary to pay off her debts and enhance her income. She has expressed no desire to purchase a replacement property, focusing instead on the sale proceeds to secure her financial stability. However, her lack of representation in court has raised questions about her involvement in the proceedings.
Court Proceedings
During a recent hearing, High Court judge Master Julia Clark was tasked with resolving the preliminary issue of whether Lady Slade can compel the trustees to sell Old Farm. The trustees, represented by barrister Hugh Cumber, maintained a neutral stance amid the conflicting views of the Slades. Master Clark has reserved her decision on the matter for a later date.
Criticism & Opposition
Critics of Sir Benjamin's position argue that denying Lady Slade the ability to sell the property undermines her financial independence. They highlight the complexities of trust law and the implications of restricting access to funds that could alleviate her financial burdens.
Verbatim Quotes
- “The trust is there to permit her to live there as long as she lives,” — Sir Benjamin Slade
- “She wanted the sale proceeds invested to enhance her income and she wanted all her debts paid from the sale proceeds,” — Robert Deacon, Barrister
- “(The trustees) have brought these proceedings in an attempt to resolve the dispute and ensure the proper administration of the trust.” — Hugh Cumber, Barrister
This ongoing legal battle reflects broader issues surrounding trust management and the rights of beneficiaries, particularly in high-profile divorce settlements.
