Property left in trust

Arual

The property is left 50% to one person and the other 50% between 3 others in a trust. I believe all 4 names are to be added to the deeds but only 3 have 50% of the property held in a trust. If for instance the property is sold in 10 years do the 3 who share 50% get any of the equity gained in the last 10 years or only their share of the value when the property was left to them? Thank you

Marcon

Depends entirely on the wording of the relevant documents, but from what you've said, the gang of 3 own 50% of the property and when it is sold, they will be entitled to 50% of the sale proceeds.

getmore4less

What sort of trust?

It is the trustees that should be on the legal title not the beneficiaries of the trust.

Those named as beneficiaries of the the trust do not legally own anything.

If the trust is a life interest trust they(named beneficiaries) don't even have a beneficial interest in anything till the life tenant gives up their interest.