Re Dennis’ Settlement Trusts, Dennis v Dennis and Others Under the terms of a settlement the income of the trust funds was given to R H D for life “until any such act or event shall happen … whereby the income of the trust funds would, if belonging to … R H D absolutely become vested in or charged in favour of some other person or persons …â€ Twelve years after the date of the settlement the settlor and R H D executed a supplementary deed of release and confirmation under which the trustees were to pay to R H D £1,000 per annum, instead of the whole of the income of the trust funds