Reply To: Trust Funds

#8758
petedavies
Participant

I agree with Julian & can see no doubt at all.

The trustees have an absolute duty to administer the trust to the benefit of the beneficiary. Consider the situation if the Housing Benefit scheme did not exist – your claimant would be charged rent to pay into a fund administered for her benefit. In the event of a default the trustees would be taking an action against your claimant to pursue a debt owed to your claimant.

Not only does 9(1)(e) cover it but I can see no way that a liability exists(If your claimant is the sole beneficiary).