Your question is not only capitalised, but too vague.
That would depend entirely on the wording of the trust.
There are 2 issues here, too - what is legal and what is possible.
It may be that only the trustees are aware of the terms of the trust -
let's say that the beneficiary(ies) is a minor or a class of people
unaware of their rights to the trust assets.
If this is the case, they could disregard the terms of the trust
entirely and would have to be sued for breach of trust by another
party after the event.
Should they buy a property from a trust legitimately, this would have
to be at arms length and market value. Again, remember that if they
are beneficiaries they could give it to themselves anyway.
There is often no way to find the terms of a trust if you are neither
a settlor, beneficiary or trustee.
This area is very complex and further clarification would be required
for someone to answer both this and your other question. It is likely
that no one could legally answer it with many forms of trust.
Good luck. |
