Gifts by Trustee to the Trust


This query is : Resolved 

Quick Summary
This discussion clarifies whether a trustee can make gifts to a family trust. The consensus is that a trustee can gift to the trust, provided they are not a beneficiary. If the beneficiaries are related, gifting is permissible. This addresses a common query regarding trustee powers and trust distributions.

16 March 2023 Hello, Can a Trustee on a Family Trust give gifts to the same Trust? Trustee is not on the beneficiary list. Please clarify. Thanks.

17 March 2023 In case the beneficiaries are related gift can be given.

17 March 2023 Thank you very much Sir.

17 March 2023 You are welcome.
....


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query