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The Gatsby Family Trust holds various businesses and houses on trust for Mrs. Gatsby for life, remainder to her child Hank. Mrs. Gatsby wants more income and asks the trustees, Mike, and Pit to provide it. Mike and Pit decide that the only way that they can provide extra income is to sell some of the businesses and houses. They seek expert advice from the trust's solicitor and bank, who both advice against doing this. However, Mrs. Gatsby is insistent that she needs the money, and her Child, Hank, who is just 18, agrees. All two Gatsbys give their written consent to the sale to Mike and Pit. Pit does not want to go against the expert advice, but he decides not to oppose the wishes of Mike and the Gatsbys. In 2000, the trustees sold half the houses that the trust owns and give the money to Mrs. Gatsby. In 2016, Mrs. Gatsby dies, and the trust fund goes to Hank. He is outraged to discover that the trust is worth very little and sue Mike and Pit.

Advise Mike and Pit on the likely success of Hank's action.