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No but you can split the trust and then pay him an amount directly from you to him (using a solictor) that equals the 50/50 split
Yes of course there would be as the assets of the trust are not yours to dispose of for your own benefit
What were the set terms of the trust - ?
Then you must leave it as is you cannot add money in as the assets and current money belong to the trust for the beneficiaries and any tax due on income earned is payable from the trust by the trustees
You might be better off seeking advise as to maybe changing the trust to one that allows a greater flexibility but also that protetcs the assets