Trusts
10. Winding Up a Trust
Authors: Staff Legal Eagle
Firm / Chambers:
Last updated: 23 Sep 2015
- To wind up a trust all beneficiaries must consent to that action.
- Winding up a trust can be quite difficult in a trust scenario if beneficiaries are children or of a specific class for example 'all my brothers' as you will need to get all of the beneficiaries to agree.
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