Saunders v Vautier [1841] EWHC J82, (1841) 4 Beav 115 is a leading English trusts law case.

Daniel Wright Vautier then turned twenty-one (the age of majority at the time) in the month of March 1841, and as he was about to be married, he presented a petition for the trustees to be ordered to transfer to him the East India stock, or it be sold and the proceeds transferred to him.

His application came before the Master of the Rolls, who on becoming aware of the earlier order dated 25 July 1835 remitted it to the Lord Chancellor for hearing to enable other residuary legatees to present an appeal petition from that order to the Lord Chancellor.

The rights of the beneficiary were held to supersede the wishes of the settlor as expressed in the trust instrument.

Lord Cottenham LC held as follows: I think that principle has been repeatedly acted upon; and where a legacy is directed to accumulate for a certain period, or where the payment is postponed, the legatee, if he has an absolute indefeasible interest in the legacy, is not bound to wait until the expiration of that period, but may require payment the moment he is competent to give a valid discharge.