Hi,
This is a bit of a curly one but I just wondered if anyone can help with the following queries;
My Mum's share of a property that was held in a family trust is being sold and the funds will shortly be coming into the Trust she set up. The Will states the trust is to share the money equally between her siblings if they are still alive or over 20 which they all are. However now one of the Trustees is considering distributing the money to the children of the family members instead of to the direct children. What would be the grounds that this could be considered and does the family trust have power to go against the requests in a Will?
Can there be anything done to put a hold on allowing the Trustee to release funds so that this can be fairly reviewed before it is too late?
Sad questions to even have to ask...
This is a bit of a curly one but I just wondered if anyone can help with the following queries;
My Mum's share of a property that was held in a family trust is being sold and the funds will shortly be coming into the Trust she set up. The Will states the trust is to share the money equally between her siblings if they are still alive or over 20 which they all are. However now one of the Trustees is considering distributing the money to the children of the family members instead of to the direct children. What would be the grounds that this could be considered and does the family trust have power to go against the requests in a Will?
Can there be anything done to put a hold on allowing the Trustee to release funds so that this can be fairly reviewed before it is too late?
Sad questions to even have to ask...
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