Beneficial entitlement

• What are beneficiaries entitled to see regarding trust documents?

  All trust documents, including the trust instrument, trust account, and minutes of meetings
• Under what condition do beneficiaries have the power to replace trustees?

  If all beneficiaries are 18 with capacity and entitled to the entire equitable interest
• What can beneficiaries agree to do if they are entitled to the entire equitable interest?

  They can agree to bring the trust to an end and require trustees to transfer the trust funds to them
• What rights and powers do beneficiaries have in relation to trust management?

  • Entitled to see all trust documents:
  • Trust instrument
  • Trust account
  • Minutes of meetings
  • Power to replace trustees if:
  • All beneficiaries are 18 with capacity and entitled to the entire equitable interest
  • Can agree to:
  • Bring the trust to an end
  • Require trustees to transfer trust funds to them