Administration of Estate Act 1925: Which provision allows appointment of additional trustees if a minor is a beneficiary?

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Multiple Choice

Administration of Estate Act 1925: Which provision allows appointment of additional trustees if a minor is a beneficiary?

Explanation:
When a beneficiary is a minor, the estate must be held and managed on trust for the child until they reach the age of majority. Section 42 of the Administration of Estates Act 1925 specifically provides the power to appoint additional trustees in this scenario, ensuring there are adult trustees to supervise the trust, manage the investments, and handle distributions for the minor’s benefit. This mechanism keeps the administration functioning smoothly and protects the minor’s interests. The other sections deal with different aspects of probate and administration and do not address the appointment of extra trustees for a minor beneficiary.

When a beneficiary is a minor, the estate must be held and managed on trust for the child until they reach the age of majority. Section 42 of the Administration of Estates Act 1925 specifically provides the power to appoint additional trustees in this scenario, ensuring there are adult trustees to supervise the trust, manage the investments, and handle distributions for the minor’s benefit. This mechanism keeps the administration functioning smoothly and protects the minor’s interests. The other sections deal with different aspects of probate and administration and do not address the appointment of extra trustees for a minor beneficiary.

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