Will the capital value of a trust fund, subject to a protective life interest, be treated as capital of a universal credit claimant who is the life tenant?
Will the capital value and/or the income of a trust fund subject to a discretionary trust, be treated as capital and/or the income of a universal credit claimant, who is treated as the principal beneficiary of the trust?
Q1. Only the income counts while the life interest subsists.If it ends(forfeiture event or trustee exercise of a power of appointment) a DT will usually arise so on to Q2
Q2. A discretionary object has a mere spes so only actual payments count.