ChatterBank0 min ago
property in trust
2 Answers
in a will (after the person has died),can property held in trust for children be changed to add omitted grandson (variation of trust).???
Answers
Best Answer
No best answer has yet been selected by flowerpower6. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.Like dzug says, the answer has not changed. If minor beneficiaries' shares are going to be changed in any way, the approval of the court will be required under the Variation of Trusts Act 1958. There is no way round this. The minor beneficiaries will have to be represented separately by a litigation friend or Official solicitor. It is also rare for the court to cut down the shares of minor beneficiaries. Take some legal advice.