Further developments.
The deed of variation creates trusts for grandchildren to the age of 18. The original will has a caluse allowing parents to receive minors legacy or share of residue, which is a full discharge of the trustees responsibility for that share. Does the trust continue to exist for these minor beneficiairies if the trustees do indeed pay or transfer the share of residue or legacy to the minors parents? Under what relationship do the parents hold the share or legacy for their children?
Ian Wells
Emery Little