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Land in Bare Trust
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kim fowler
Posted: 17 December 2019 15:20:47(UTC)
#1

Joined: 17/12/2019(UTC)
Posts: 1
If a parcel of land sits within a bare trust, I believe the beneficial owner as opposed to the Trustee is entitled to any income.
Am I also right in saying that liabilities such as tax also fall to the beneficial owner and that the Trustee is effectively invisible.

Thanks Kim
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