Trust Fund:
I'm a beneficiary in discretionary trust fund. The Trustee has cancelled/closed down the Trust fund without telling me, the beneficiary. Is this allowed, not notifying me of this Trust fund being cancelled/closed down?
The trustee also claims they are a beneficiary on this Discretionary Investment Trust fund. Is the Trustee allowed to keep the Asset (the property) for themselves and sell it and have the money for themselves? Or do I own that capital as the sole beneficiary?
I'm a beneficiary in discretionary trust fund. The Trustee has cancelled/closed down the Trust fund without telling me, the beneficiary. Is this allowed, not notifying me of this Trust fund being cancelled/closed down?
The trustee also claims they are a beneficiary on this Discretionary Investment Trust fund. Is the Trustee allowed to keep the Asset (the property) for themselves and sell it and have the money for themselves? Or do I own that capital as the sole beneficiary?