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I am a beneficiary of a Bare Trust. Assets have been paid to
I am a beneficiary of a Bare Trust. Assets have been paid to a Firm of Solicitors. One of the solicitors, who dealt with the Conveyancing of the property is says that there is a 'risk' that the Truste… read more
Joshua
Joshua
Lawyer
LL.B (Hons), Prof. Dip. Law & Pract
26,215 satisfied customers
Hi Joshua - we have an A and M family trust set up by my parents
Hi Joshua - we have an A and M family trust set up by my parents 30 years ago that will be trigger by my youngest child reaching 25 this month. Is this an automatic event or complex with share valuati… read more
Maverick
Maverick
Doctoral Degree
6,690 satisfied customers
My father died in November and there is part of his Will that
My father died in November and there is part of his Will that is causing our solicitor some problem, and my stepmother is beside herself with worry. Please can you help. Under the heading Residuary gi… read more
Joshua
Joshua
Lawyer
LL.B (Hons), Prof. Dip. Law & Pract
26,215 satisfied customers
Is the Public Trustee (Fees) Order of 2008 current law
Is the Public Trustee (Fees) Order of 2008 current law on administration of trust? Does it apply to the total Trustee Fees (limiting fees)? Does it benefit the trustees by allowing each Trustee to cha… read more
privateclientlaw
privateclientlaw
Lawyer & Advocate
66 satisfied customers
My mother included five of us as beneficiaries in a Discounted
My mother included five of us as beneficiaries in a Discounted Gift Trust and appointed two trustees- myself and my sister. Since mum's death in Feb 2011 the Trust was not subject to probate and could… read more
Joshua
Joshua
Lawyer
LL.B (Hons), Prof. Dip. Law & Pract
26,215 satisfied customers
does the money that is paid out upon request from a beneficiary
does the money that is paid out upon request from a beneficiary trust come from the interest income alone, or does it eat into the capital? i.e will it eventually run out if too much is claimed? Conce… read more
Joshua
Joshua
Lawyer
LL.B (Hons), Prof. Dip. Law & Pract
26,215 satisfied customers
I, uk resident, have 4 uk resident grandchildren, aged 14 -7.
I, uk resident, have 4 uk resident grandchildren, aged 14 -7. I have been operating accounts with a stockbroker for each, since birth, with small amounts being added each year, net income from what wa… read more
Joshua
Joshua
Lawyer
LL.B (Hons), Prof. Dip. Law & Pract
26,215 satisfied customers
A voluntary trust was created by my grandmother in 1968. The
A voluntary trust was created by my grandmother in 1968. The provisions of the Trust gave the annual income from the investment of the trust funds to my parents during their lives with the capital to … read more
Buachaill
Buachaill
Barrister
Master's Degree
5,628 satisfied customers
Jen is a beneficiary under a bare trust. The sole asset in
Jen is a beneficiary under a bare trust. The sole asset in the trust is a very rare and expensive recording of early Beatles songs. Jen wants to dissolve the trust and to become absolute owner of the … read more
Jo C.
Jo C.
Barrister
Master's Degree
33,309 satisfied customers
My children have inherited some some money from their grand
My children have inherited some some money from their grand father - to be held in trust until they are 21. Can I invest the money in property - on their behalf, and how do I set up an agreement so th… read more
Joshua
Joshua
Lawyer
LL.B (Hons), Prof. Dip. Law & Pract
26,215 satisfied customers
I am a bare trustee for my daughter who is 5 years old. Her
I am a bare trustee for my daughter who is 5 years old. Her grandparents gifted here an interest in an LLP on 3 June 2009 and her share of income in the tax year ended 5 April 2010 was £12,000. How do… read more
Joshua
Joshua
Lawyer
LL.B (Hons), Prof. Dip. Law & Pract
26,215 satisfied customers
I have a question relating to writing a Will. (I am married
I have a question relating to writing a Will. (I am married and my husband, aged 62, is 16 years older than me and is happy with the following:) Question please - I wish to leave my house (its in my s… read more
Joshua
Joshua
Lawyer
LL.B (Hons), Prof. Dip. Law & Pract
26,215 satisfied customers
The Trustees have powers to appoint capital out of the trust
The Trustees have powers to appoint capital out of the trust to whoever they wish from a list of the potential beneficiaries. It must be by way of a Deed of Appointment. Can you offer a sample Deed of… read more
Joshua
Joshua
Lawyer
LL.B (Hons), Prof. Dip. Law & Pract
26,215 satisfied customers
does a tenant for life under either a discretionary trust or
does a tenant for life under either a discretionary trust or bare trust have the right to disclosure of information from the Trustees? The right to knowledge of accounts etc? The trust lawyer is argui… read more
Joshua
Joshua
Lawyer
LL.B (Hons), Prof. Dip. Law & Pract
26,215 satisfied customers
A relative, who has been declared bankrupt, has an interest
A relative, who has been declared bankrupt, has an interest in a bare trust. Should that interest in the bare trust form part of the bankruptcy estate? If yes, would the bankruptcy trustee be able to … read more
Chris_H
Chris_H
Consultant Solicitor
Bachelor's Degree
1,081 satisfied customers
My brother, myself and any future children we may have are
My brother, myself and any future children we may have are beneficiaries of a 80 year discretionary trust fund started 2 years ago. The money can be distributed at the absolute discretion of the trust… read more
TNV
TNV
Bachelor's Degree
1,215 satisfied customers
My son died in August 2005, unmarried but leaving a daughter,
My son died in August 2005, unmarried but leaving a daughter, Katherine now aged 15. He left a Will specifying myself & my nephew as trustees, his daughter being the only beneficiary except in the eve… read more
legal eagle 73
legal eagle 73
Bachelor's Degree
466 satisfied customers
Good morning, I am seeking clarification on the use of the
Good morning, I am seeking clarification on the use of the Severance of Tenancy form and the impact on a will etc. I would like to protect my half of the property value from third parties / creditors … read more
Claire D
Claire D
Solicitor
Bachelor's Degree
3,045 satisfied customers

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