Q&As
What steps must a remainderman under a life interest trust take in order to assign their interest to their children? Must the trustees be parties to the deed of assignment?
Published on: 27 August 2024
A remainder interest under a trust is a chose in action and can be assigned by an instrument in writing inter vivos signed by the assignor or by their Will (section 53(1)(c) of the Law of Property Act 1925 (LPA 1925)). Although notice to the trustee of a disposition of an equitable
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