Clause—for use where trustees are exercising powers of appointment in a settlement—appointing the trust fund in favour of a beneficiary absolutely


Published by a ÀÏ˾»úÎçÒ¹¸£Àû Private Client expert
Precedents

Clause—for use where trustees are exercising powers of appointment in a settlement—appointing the trust fund in favour of a beneficiary absolutely


Published by a ÀÏ˾»úÎçÒ¹¸£Àû Private Client expert

Precedents
imgtext

The Trustees appoint and direct that they shall form and after the date

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

Popular documents

Trustees—power of advancement

Trustees—power of advancementThe trustees are under a duty to manage the trust fund as to both income and capital until the beneficiary reaches the vesting age.Note that on 27 February 2023 the Marriage and Civil Partnership (Minimum Age) Act 2022 came into force meaning that on or after this date

Creation of trusts—life insurance trusts

Creation of trusts—life insurance trustsDefining life insurance trustsA life insurance trust usually involves either:•an assignment of an insurance policy together with a declaration of trust, or•the creation of a trust containing an express assignment of the policyReasons to consider using a life

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

Early leavers—preservation

Early leavers—preservationFORTHCOMING DEVELOPMENT: Section 10 of the Finance Act 2022 will increase the normal minimum pension age (NMPA) from 55 to 57 on 6 April 2028 (save for members of the firefighters, police and armed forces public service pension schemes).The Finance Act 2022 will also give