PLC Schedules or STEP Provisions

Trusts Discussion
1

I have drafted a discretionary trust will using the latest PLC master will precedent. The PLC master will has it’s own schedules drafted that is up to date with current legislation and the precedent states that I can either state:

  1. Schedule 1 and Schedule 2 form part of this will and have effect as if set out in full in the body of this will and any reference to this will includes the schedules.

OR

  1. The Schedule forms part of this will and has effect as if set out in full in the body of this will and any reference to this will includes the Schedule.

2.The standard provisions of the Society of Trust and Estate Practitioners (2nd Edition) apply to this will.

OR

  1. The standard provisions and all of the special provisions of the Society of Trust and Estate Practitioners (2nd Edition) apply to this will.

OR

  1. The standard provisions and special provision[s] [NUMBER] [[, OR and] [NUMBER] [and [NUMBER]]] of the Society of Trust and Estate Practitioners (2nd Edition) apply to this will.]]

I am wondering what others normally do. Having spoken to a couple of members in my department, one has said to include both the standard STEP provisions and the Schedule and another has said just to include the standard STEP provisions. I should be grateful if others could tell me what they tend to do and why? Does anyone include the special provisions and when do you include these?

Siobain Moore
Blaser Mills LLP.