Multiple Choice
Danielle establishes a trust with Richard as protector. The trust is in favour of Danielle's wife Rebecca for her life, and on her death on trust for the three children of Danielle and Rebecca. The trust provides additionally that the protector may add or remove beneficiaries.
Which of the following statements most accurately describes the potential for varying the trust to give Rebecca access to some of the capital of the trust?
A) Rebecca and the three children (provided they are adults) could agree that the trust should be terminated by dividing the fund into four equal shares, one share for each of them.
B) The trustees could advance part of the capital of the trust to one or more of the children, with Rebecca's consent, as part of a bargain that the child or children would give Rebecca a share of what they receive.
C) Rebecca could release her life interest, and the protector could release his right to add objects to the discretionary trust, thereby accelerating the interests of the children who, provided they are adults, could agree to the capital being shared with Rebecca.
D) Nothing can be done to give Rebecca a right to the capital.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Which of the following statements is true
Q2: Klee leaves all of his substantial estate
Q3: Which of the following statements is true
Q4: Marlene leaves a substantial sum in her
Q5: Which one or more of the following
Q6: Which of the following statements is most
Q7: Which of the following is a group
Q8: Which one or more of the following
Q9: Which of the following is least likely