Bereaved Minors Trust

Trusts Discussion
1

My client died suddenly, intestate, leaving one minor child and an Estate valued at £100,000.00.

Should I advise the Personal Representatives to set up a Bereaved Minors Trust or an 18-25 Trust, by way of a Deed of Variation?

2

I don’t see how the minor child could make a deed of variation so the only possibility is the bereaved minors trust - which is constituted by statute rather than any separate step.

That also has the benefit of being exempt from the TRS.

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3

Thank you Andrew.

I assume the Court would have to approve anything on behalf of a minor. I have now read that the 18 - 25 Trust can only be set up by a parent by Will.