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Can my wife and I, as settlors, remove a trustee from a discretionary
Can my wife and I, as settlors, remove a trustee from a discretionary trust. My son is divorcing his wife and we do not want her as a trustee in a trust set up to support my grandchildrens higher educ… read more
Maverick
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My ex wife and I wish to cas in an insurance policy
My ex wife and I wish to cas in an insurance policy for the benefit of our daughters, for whom the policy is in trust. We cannot do so because there is a third trustee, my ex wife's sister with whom s… read more
Stuart J
Stuart J
Advocate
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Greetings, I live in Texas, mother (age 91) is in hospital
Greetings, I live in Texas, mother (age 91) is in hospital in Amersham, UK. She owns a house in Aylesbury that we are selling (GB pounds 283K), and concurrently purchasing a bungalow (GB Pounds 160K) … read more
Stuart J
Stuart J
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Hi, My Business Partner died on 20/11/12, so i ceased trading
Hi, My Business Partner died on 20/11/12, so i ceased trading after i filed my Last quarter vat return and as result of her death, i deregistered on 10/12/12 after i informed the Hmrc about her death.… read more
UK-Justice
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A Will(Discretioery Trust) of a deceased(April2012) person
A Will(Discretioery Trust) of a deceased(April2012) person has 4 trustees(Mother and 3 daughters) The house the Mother and deceased lived in had both names on the Deeds. The daughters refuse to settle… read more
Stuart J
Stuart J
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My mother was born in St Lucia in 1942 and holds a current
My mother was born in St Lucia in 1942 and holds a current St Lucian passport. Prior to independence in 1979 she held a UK and Colonies passport in which was stamped "Right of Abode" for the UK. Unfor… read more
UK_Lawyer
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My mother died in 2008, in her will she made my husband and
My mother died in 2008, in her will she made my husband and I trustees of a discretionary trust for my brother. The money to be put into the trust came from the sale of her only asset, her home. The n… read more
Joshua
Joshua
Lawyer
LL.B (Hons), Prof. Dip. Law & Pract
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my mother has real property in the uk valued at 550k and cash
my mother has real property in the uk valued at 550k and cash at 100k. We calculate it well under the nil rate allowance for both parents (my dad passed in 2009 so my mom has both). The only problem s… read more
Joshua
Joshua
Lawyer
LL.B (Hons), Prof. Dip. Law & Pract
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Allan wants to create a trust of his house, 1 Blank St for
Allan wants to create a trust of his house,XXXXXfor his friend Butch. On 1/1/09 he obtains a deed of trust, and writes a letter to Zelda asking her if she will be a trustee. Zelda writes back agreeing… read more
Jo C.
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We are making our Wills and need to know the following. We
We are making our Wills and need to know the following. We live in the UK. We intend to leave our estate in Trust for our daughter. We know we have to appoint another Trustee. Do we pay this person or… read more
Joshua
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Lawyer
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my question concerns a declaration of trust. a declaration
my question concerns a declaration of trust. a declaration of trust written in 2005 says that a bare trustee (the legal owner) is holding a property in trust for two new trustees and that the property… read more
Joshua
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Lawyer
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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
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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
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Regarding a money transfer from the UK to France made by a
Regarding a money transfer from the UK to France made by a Swedish citizen who was a non-resident contractor. His pay came from the Department of Public Works. He had not bank account in the UK. He as… read more
Clare
Clare
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Bachelor's Degree
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I am a co-trustee for my late mothers estate which left in
I am a co-trustee for my late mother's estate which left in trust half her house to be divided between her children but a lifetime interest (interest only from the monies) to be paid to my handicapped… read more
DR Lawyer
DR Lawyer
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My partner & his ex split and went to court back in 2006. It
My partner & his ex split and went to court back in 2006. It was signed on a piece of paper by both of them that he will pay the monthly mortgage amount as this was £450 half of this he has to pay for… read more
Clare
Clare
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Bachelor's Degree
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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
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i recently lent sister-in-law 8100.00, she was going to pay
i recently lent sister-in-law £8100.00, she was going to pay £350 per month, has not kept it up, and any balance paid in full when she gets divorce settlement. She was re-locating to France (i knew th… read more
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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

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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