A non-charitable trust was established in March 1998, with the settlor’s grandchildren as beneficiaries. The settlor died in April 2010 and a bond held by the trust matured at the end of 2010/11
A daughter and her two minor children are the beneficiaries of a discretionary trust. The trustees, the daughter and her husband have purchased a property in which the family will live
A company operates a golf course and also owns some buy-to-let properties. It has recently taken on a new employee and will rent one of the properties to him at a market rent