Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Execetors and Trustees - duties

  • 11-04-2018 12:11am
    #1
    Registered Users, Registered Users 2 Posts: 566 ✭✭✭


    Would welcome any comments on this situation:

    Trustees (A & B) of a will control inheritance of C (to be used "for his benefit", inter alia, per the will)

    A & B have not agreed to tell C how this will happen

    A& B have not responded to multiple requests from C's solicitor.

    A&B have changed solicitor and not informed C's solicitor.

    C's solicitor now writes directly to A&B.

    C's solicitor gets no response

    (This has occurred over a one to two year period)

    Any ideas?


Comments

  • Registered Users, Registered Users 2 Posts: 26,998 ✭✭✭✭Peregrinus


    Not really enough information to say anything very intelligent. If C is of full age and is absolutely entitled to the trust property, he can put an end to the trust and take the property into his own name. If C's solicitor hasn't already advised him to do this, the inference is that C isn't absolutely entitled to the trust property, and there are others who have interests or contingent interests in it. (Or that C is not an adult/not legally competent, but I'm sure you'd have mentioned if this were the case.) Without seeing the terms of the trust and the terms of the "multiple requests" that C has made, it's impossible to know if the trustees are behaving improperly. Also it's not clear what exactly C wants, which makes it hard to talk about how he might go about getting it.


  • Registered Users, Registered Users 2 Posts: 566 ✭✭✭adrian92


    Peregrinus wrote: »
    Not really enough information to say anything very intelligent. If C is of full age and is absolutely entitled to the trust property, he can put an end to the trust and take the property into his own name. If C's solicitor hasn't already advised him to do this, the inference is that C isn't absolutely entitled to the trust property, and there are others who have interests or contingent interests in it. (Or that C is not an adult/not legally competent, but I'm sure you'd have mentioned if this were the case.) Without seeing the terms of the trust and the terms of the "multiple requests" that C has made, it's impossible to know if the trustees are behaving improperly. Also it's not clear what exactly C wants, which makes it hard to talk about how he might go about getting it.

    Many thanks for your reply. C is legally competant and would like to receive the inheritance.
    Any idea how C can go about putting an end to the trust?
    Thanks


  • Registered Users, Registered Users 2 Posts: 26,998 ✭✭✭✭Peregrinus


    adrian92 wrote: »
    Many thanks for your reply. C is legally competant and would like to receive the inheritance.
    Any idea how C can go about putting an end to the trust?
    Thanks
    No, because I haven’t seen the terms of the trust. I don’t even know if C is entitled to put an end to the trust. To have that right, he has to be absolutely entitled to the trust property as against the trustees. This may not be the case.

    C has a solicitor. What has C’s solicitor said about this?


  • Registered Users, Registered Users 2 Posts: 566 ✭✭✭adrian92


    Peregrinus wrote: »
    No, because I haven’t seen the terms of the trust. I don’t even know if C is entitled to put an end to the trust. To have that right, he has to be absolutely entitled to the trust property as against the trustees. This may not be the case.

    C has a solicitor. C’s solicitor said about this?[/quote
    Thanks again. C's solicitor suggested engaging a Barrister with a view to issue Court proceedings. Perhaps this is the best way.
    My concern for C is would the cost of such action be paid for from his inheritance.
    Anyway, thanks for your responses


Advertisement