An entailed beneficiary wishes to bar the entail and bring the Settled Land Act Trust to an end. He is a tenant in tail in possession. Whilst I have a precedent for a disentailing deed which the Fines & Recoveries Act 1833 indicates is required, I have been unable to specifically clarify the precise steps and procedures required when barring an entail in possession.
My understanding is that the disentailing deed will have the effect of releasing the trust assets to the trustees who will then transfer them to the beneficiary absolutely. Therefore do the parties only need to complete a disentailing deed to terminate the trust?
Any guidance would be greatly appreciated.