Q&As

Where a parent takes receipt of child allowance payments under a pension scheme on behalf of their minor child (payable monthly for a ten-year period), is the parent under a duty to hold the benefits on trust for the child?

read titleRead full title

Published by a ÀÏ˾»úÎçÒ¹¸£Àû Private Client expert
Published on: 05 March 2018
imgtext

In order to establish the parent’s duties towards the minor beneficiary, it will be necessary to consider in detail the Child Allowance Award provisions under the pension scheme to see if these impose any duties on the parent or guardian accepting receipt of the monies on behalf of the minor beneficiary or whether they establish

Powered by Lexis+®
Jurisdiction(s):
United Kingdom

Popular documents

Death in service benefits

Death in service benefitsOverview of the types of death in service benefits and their tax treatmentThere are three types of death in service benefit (also known as ‘life assurance’ benefit or ‘life cover’ benefit) which employers may provide by way of a life policy:•the registered group life

If planning permission imposes restrictions on a licensed premises opening hours, once operational can

If planning permission imposes restrictions on a licensed premises opening hours, once operational can the personal licence holder apply for a Temporary Events Notice (TEN) to open for longer hours than those permitted in the planning permission?To use any property for a licensable activity both

What is the difference between an appeal and a review?

What is the difference between an appeal and a review?What is an appeal?An appeal in insolvency proceedings is no different to an appeal in normal litigation. An appeal will be allowed only if the appeal court is satisfied that the decision of the lower court was 'wrong' or 'unjust because of a

Financial clean break orders in family proceedings

Financial clean break orders in family proceedingsDuty of the court to consider a clean breakAlthough there is no presumption in favour of there being a financial clean break between parties on divorce, the court is under a duty to consider whether it would be appropriate to exercise its powers so