SRA Samples
A woman died and was survived by her husband and son, who is aged 30 years.
Under the terms of her will, the woman created a trust fund of her residuary estate in the following terms:“to pay the income from my residuary estate to my husband for the remainder of his life and after his death, I GIVE my residuary estate to my son if he survives my husband and attains the age of 25 years but if he does not so survive then to my sister absolutely”.
The husband is discussing the possibility of ending the trust with the trustees.Whose consent is required to bring the trust to an end now?
A woman died and was survived by her husband and son, who is aged 30 years.
Under the terms of her will, the woman created a trust fund of her residuary estate in the following terms:“to pay the income from my residuary estate to my husband for the remainder of his life and after his death, I GIVE my residuary estate to my son if he survives my husband and attains the age of 25 years but if he does not so survive then to my sister absolutely”.
The husband is discussing the possibility of ending the trust with the trustees.Whose consent is required to bring the trust to an end now?
The husband, the son and the sister.
B - The husband, the son and the sister.
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