Connie and Prunella are the adult beneficiaries under a trust. Basil is the trustee. Connie and Prunella do not agree with the way in which Basil has been administering the trust for them, although they concede he has not acted in breach of trust. Connie and Prunella can:

Question

Quizplus · Accepted Answer

BConnie and Prunella can bring the trust to an end and take control of the property themselves if they are the sole beneficiaries and they are both adults. This is based on the principle that if all beneficiaries are in agreement and have the legal capacity to manage their own affairs, they can terminate the trust and distribute the assets as they see fit. Additionally, they can try to persuade Basil to manage the trust according to their wishes, but they cannot give him binding directions or fire him and take over as trustees unless the trust deed specifically allows for such actions.

Connie and Prunella Are the Adult Beneficiaries Under a Trust