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  1. Paul@PFI

    How to disentangle a trust with minimal cost?

    One will (each) that creates three TT's. That's normal. You don't really want a single TT for three adult beneficiaries. But it can work in some instances. The beneficiaries positions may impact this.
  2. Paul@PFI

    How to disentangle a trust with minimal cost?

    The legal advice needs to consider how or if the trust may be terminated. Who is to benefit and what other claims may arise. I have seen some trusts with clauses that prevent vesting. Its definitely important as Trustees will be personally liable and if assets are discharged they will be...
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