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Jo C.
Jo C., Barrister
Category: Law
Satisfied Customers: 31300
Experience:  Over 5 years in practice
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I have your "Trustees of Discretionary Trusts". In "A

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I have your "Trustees of Discretionary Trusts". In "A Practitioner's Guide to Trusts" p63 lists 8 items "that must be disclosed". These are financial statements, accounts and details of beneficiaries to whom assets have been provided, copies of all deeds appointing trustees, details of all deeds appointing trustees, distributions of all income and capital, info re amount and state of the property in trust funds, info about the managementof trust property, changes in the structure of the trusts, memoranda of wishes or like communications from the settlor. I can see how they would apply to a normal trust - do they still apply to discretionary trusts ? - I suppose they do where they are obviously applicable to both types of trust ? Anthony Gibbs: ***@******.***
Submitted: 1 year ago.
Category: Law
Expert:  F E Smith replied 1 year ago.

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