Question: I'm an accountant with a lot of clients that are choosing to be 'frugal'. Despite my pleas, some of them haven't updated their trust deeds for over 10 years. They tell me it's too expensive. I've read that Bamford's case allows trustees to determine their income, along with all sorts of other goodies. I want to help my clients make the most of their trusts. I'm pretty sure those old trust deeds (and maybe some of the new ones) won't allow my clients to get their hands in the candy jar. Some ammunition, please.
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