22 мая 2024 г. · Although a trustee can be a beneficiary of a discretionary trust, they can't be the sole beneficiary unless the trust has more than one trustee.

21 авг. 2023 г. · Yes, a trustee can also be a beneficiary of the same trust that they manage. This situation is not uncommon, especially in family trusts. If a ...

A discretionary trust deed generally identifies, by name or description, the beneficiaries of a discretionary trust. The trustee of the trust has a discretion ...

3 окт. 2023 г. · It is possible for a trustee to be a beneficiary of the trust ... A beneficiary of a discretionary trust can include both individuals and ...

The short answer is yes, a beneficiary can also be a trustee of the same trust—but it may not always be wise, and certain guidelines must be followed ...

4 авг. 2023 г. · Charities can also be a named discretionary beneficiary. Can the beneficiary of a discretionary trust also be a trustee? Yes, they can.

30 янв. 2024 г. · Beneficiaries. A trust beneficiary can be a person, a company or the trustee of another trust. The trustee may also be a beneficiary, but not ...

There's no conflict of interest between someone's role as a trustee and their position as beneficiary; At least one trustee is a non-beneficiary. Discretionary ...

1. We recommend against having a sole individual trustee who is also a beneficiary of the trust. 2. There is an argument that, where a sole trustee is also a ...