Trustees of fixed trusts must be able to draw up a complete list of beneficiaries so that they can effectively manage the trust.

Name: Trustees of fixed trusts must be able to draw up a complete list of beneficiaries so that they can effectively manage the trust.
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Question

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Trustees need to know who the beneficiaries are in order to ensure that their interests are being fulfilled and to make proper distributions from the trust. Without a complete list, it would be difficult to manage the trust effectively.

Trustees of Fixed Trusts Must Be Able to Draw Up