Winding up NRB discretionary trust - charge scheme

Mr and Mrs A set up NRB discretionary trusts in their Wills, and on Mr A’s death, the charge scheme was used.

Mrs A has now died, and the house has been sold (subject to contract).

How should I go about calling in the charge? Perhaps a trustee resolution? Or just a simple letter from the Trustees of Mr A to the Executors of Mrs A? I have been unable to find any precedents (other than those for originally setting up the charge scheme).

The charge states that ‘Interest is not due on the Index Linked Sum’ so no need to do a deed of waiver?

All help would be much appreciated!

Laura Schofield
Ware & Kay