I have recently been asked to draft a trust for a fairly large CICA award for a minor. The application to CICA was made by the mother on behalf of her disabled son. It seems like the settlor should be the disabled son but there is no deputy. Who should be the settlor on the trust deed? Does anyone have experience of this?
Thanks
Lorraine
These kinds of trust are often drafted as a declaration by the trustees, without a settlor explicitly named. So the recitals may record that the trust is set up to receive the award and then the operative provisions launch into the trust.
Josh Lewison
Radcliffe Chambers
Of course, that makes perfect sense. Thanks Josh