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My wife and I are trustees of a trust set up by my Godmother
My wife and I are trustees of a trust set up by my Godmother is South Africa, who is still alive. We wish to transfer our trusteeship to my firm of accountants. Which is the best way to do this?… read more
Buachaill
Buachaill
Barrister
Master's Degree
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A Declaration of trust was signed a month before a diagnosed
A Declaration of trust was signed a month before a diagnosed death. The settlor was very wealthy and left everything in trust for his wife and chidren. However the declaration of trust related to a pr… read more
Joshua
Joshua
Lawyer
LL.B (Hons), Prof. Dip. Law & Pract
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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
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A Trust question.Pre 1984, my parents set up an off the peg
A Trust question. Pre 1984, my parents set up an off the peg Trust into which they put savings. The Trust was and is viewed as being outside their estates, and has been accepted as such by HMRC. On th… read more
Joshua
Joshua
Lawyer
LL.B (Hons), Prof. Dip. Law & Pract
29,280 satisfied customers
Hi i left the UK on july 20th 2010 on a full time contract
Hi i left the UK on july 20th 2010 on a full time contract to work overseas and have not been in or visited the UK for more than 45 days a year since then. i didnt submit a p85 (but am willing to do s… read more
UK-Justice
UK-Justice
Master's Degree
11,008 satisfied customers
Hi, My father left a modest amount of money in a discretionary
Hi, My father left a modest amount of money in a discretionary offshore trust fund (over 7 years before he died). As the fund is so small, the trustees have advised that their charges outweigh any ben… read more
UKSolicitorJA
UKSolicitorJA
Bachelor's Degree
444 satisfied customers
Question concerning my UK tax obligation. I am resident
Question concerning my UK tax obligation. I am resident of UK, but domisiled from the US Under this status, I understand that any 'US investment income' that I import to the UK will be subject to UK t… read more
UKSolicitorJA
UKSolicitorJA
Bachelor's Degree
444 satisfied customers
Hi Andrew my name is XXXXX XXXXX i am an Australian
Hi Andrew my name is peter i am an Australian resident who would like to return to the uk as a dual resident.I have sold my hotel in February 2012 and have a contract signed for completion on the 15th… read more
UKSolicitorJA
UKSolicitorJA
Bachelor's Degree
444 satisfied customers
Is UK tax payable by the recipients of an inheritance when
Is UK tax payable by the recipients of an inheritance when it is distributed as a lump sum or as annual amounts over a period of time?… read more
UKSolicitorJA
UKSolicitorJA
Bachelor's Degree
444 satisfied customers
I made some paper gains on a few shares listed on FTSE uk and
I made some paper gains on a few shares listed on FTSE uk and AIM. I currently deal with a UK based broker. I'm a student. As I'm not a UK citizen, I do not wish to pay for capital gain tax. As far as… read more
UKSolicitorJA
UKSolicitorJA
Bachelor's Degree
444 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
In a clause in a deed is the following ...payment of such
In a clause in a deed is the following ...payment of such sum on the party's death [or incapacity] as shall be mutual agreed between the parties.... As the [or incapacitated] was not striked out befor… read more
Senior Partner
Senior Partner
Bachelor's Degree
4,582 satisfied customers
I have been asked by a close friend to become a trustee of
I have been asked by a close friend to become a trustee of a discretionary trust which she set up approximately seven years ago for the benefit of her seven grandchildren. The total capital is approxi… read more
Senior Partner
Senior Partner
Bachelor's Degree
4,582 satisfied customers
I am an IFA qualified to Chertered Financial planner status
I am an IFA qualified to Chertered Financial planner status and i have just come accross a scenario I would like further clarification on. A client has an estate of £2m of which £1.1m is in shares. Sh… read more
Stuart J
Stuart J
Advocate
7,388 satisfied customers
Under a discretionary trust, can the settlor recover trust
Under a discretionary trust, can the settlor recover trust property when the settlor is named as one of the trust objects… read more
Joshua
Joshua
Lawyer
LL.B (Hons), Prof. Dip. Law & Pract
29,280 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
29,280 satisfied customers
But would the settlor wanting to become a beneficiary have
But would the settlor wanting to become a beneficiary have to have the approval of all the other trustees ? If they did not agree, could the settlor create other trustees so as to get a majority to ob… read more
Chris_H
Chris_H
Consultant Solicitor
Bachelor's Degree
1,081 satisfied customers
On what grounds can a Trustee, who is also a beneficiary, be
On what grounds can a Trustee, who is also a beneficiary, be made to resign his trustee status?… read more
lawsolved
lawsolved
Bachelor's Degree
1,484 satisfied customers

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The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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