trust

The Discrectionary Trust

A general discretionary trust may suit you if you have identified a particular group of people you want to benefit but are unsure which of them, in the future, will need help or in what proportions. For example, as a grandparent you might like to set aside capital for your grandchildren – including those who […]

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Hybrid Trusts

Hybrid trusts are the result of modern trust drafting. They are written to give the trustees all the powers of a discretionary trust as described above to appoint income or capital to any one or more of a class of individuals. However, the trust deed states that, until the trustees exercise their power of appointment, […]