How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask UKSolicitorJA Your Own Question
UKSolicitorJA
UKSolicitorJA, Solicitor
Category: Law
Satisfied Customers: 4312
Experience:  English solicitor with over 12 years experience
62162956
Type Your Law Question Here...
UKSolicitorJA is online now

Is there a specific way to terminate a declaration of trust

Resolved Question:

Is there a specific way to terminate a declaration of trust arrangement when the relationship between the co-habitees has broken down? Is a simple written agreement sufficient for example or does the termination document also have to be executed as a deed? Your advice would be much appreciated.
Submitted: 3 years ago.
Category: Law
Expert:  UKSolicitorJA replied 3 years ago.
Hello,

If all the trustees and the beneficiaries agree that the declaration should be terminated, then a deed would be preferable so that there are no issues later on regarding the validity of the termination.

Hope this helps
UKSolicitorJA and other Law Specialists are ready to help you