spoiler 1/8/17

[Vicky]

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I don't want to listen again, lut thinking it over am a bit confused
about the Dower House. It is owned by Matt, but in trust with the
proceeds of rent going to Lilian? Is Justin then paying rent to the
trust which Lilian gets? If he thought she owned the house was he
always paying rent to her? I suppose initially they were not living in
it together, but now she is there too is that odd?

I think it should remain Lilian's. If it is in trust for her does that
mean Matt can't get it back? She needs a house that is indisputably
hers. I don't trust Matt or Justin really and think at some stage she
might not want to be living in a house that belongs to one of them.
Did Justin seem a bit hesitant about getting married in a hurry? He is
making two kinds of noises, it seems to me.

He is doing the adores Lilian one but also the trips to London and
evasiveness about the wedding seem odd. I am just suspicious.

[Serena Blanchflower]

Post by Vicky
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I don't want to listen again, lut thinking it over am a bit confused
about the Dower House. It is owned by Matt, but in trust with the
proceeds of rent going to Lilian? Is Justin then paying rent to the
trust which Lilian gets? If he thought she owned the house was he
always paying rent to her? I suppose initially they were not living in
it together, but now she is there too is that odd?

According to Lilian, it doesn't belong to Matt any more as he
transferred it to the trust, with Lilian as the sole beneficiary. She
didn't say who it would revert to, after her death, or what would happen
to the money, if the trustees agreed to sell the house to Justin. It
may be that the money would be invested and that Lilian would get the
interest/dividends but I don't think that's certain.

I think the rent would have gone to Lilian, not to Matt or to the trust.

Post by Vicky
I think it should remain Lilian's. If it is in trust for her does that
mean Matt can't get it back? She needs a house that is indisputably
hers. I don't trust Matt or Justin really and think at some stage she
might not want to be living in a house that belongs to one of them.
Did Justin seem a bit hesitant about getting married in a hurry? He is
making two kinds of noises, it seems to me.

Like you, I don't trust either of them and I hope Lilian doesn't allow
Justin to buy her out. Justin definitely sounded very hesitant about
getting married soon, despite having been pushing for that, not long
ago. I thought his reaction to the news about the house was that of a
bully; unwilling to discuss the situation, uninterested in how Lilian
felt about it but just ordering her around.

Post by Vicky
He is doing the adores Lilian one but also the trips to London and
evasiveness about the wedding seem odd. I am just suspicious.

I strongly suspect that, now that Lilian is fulfilling the wife role,
he's already filled the vacancy for a bit on the side.

[Btms]

Post by Vicky
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[]

Post by Vicky
He is doing the adores Lilian one but also the trips to London and
evasiveness about the wedding seem odd. I am just suspicious.

But this doesn't mean you are wrong. 😘

[krw]

Post by Vicky
It is owned by Matt, but in trust with the
proceeds of rent going to Lilian?

The property is in a trust and according to Lilian she is the sole
beneficiary. We do know that Matt had put into a trust but not the
terms of the trust.



Is Justin then paying rent to the

Post by Vicky
trust which Lilian gets?

From earlier comments that is what we think is happening.


If he thought she owned the house was he

Post by Vicky
always paying rent to her?

Yes - but she has not told Leachworthy that she has rented it out - that
may actually not be permitted under the Trust. It seems she has not
played fair with the Trustees/

I suppose initially they were not living in

Post by Vicky
it together, but now she is there too is that odd?

Yes - because if she is resident the Trust should not be receiving rent
to give her - which implies to me she has not told the Trustees about
the rental.

Post by Vicky
I think it should remain Lilian's. If it is in trust for her does that
mean Matt can't get it back?

The Trust was created to keep the Dower House from Matt's creditors
following his spot of bother with the law. If Matt could have got it
back then the creditors could have got the value.

She needs a house that is indisputably

Post by Vicky
hers. I don't trust Matt or Justin really and think at some stage she
might not want to be living in a house that belongs to one of them.
Did Justin seem a bit hesitant about getting married in a hurry?

He did. And he is a law breaker as we know.

He is

Post by Vicky
making two kinds of noises, it seems to me.
He is doing the adores Lilian one but also the trips to London and
evasiveness about the wedding seem odd. I am just suspicious.

Rightly. Miranda warned Lilian the sort of man he is. Leopards do not
change their spots.

[steveski]

On Thu, 03 Aug 2017 22:37:27 +0100, krw wrote:

[]

Leopards do not change their spots.

Nor their shorts.

[Kate B]

Post by steveski
[]

Leopards do not change their spots.

Nor their shorts.

I want to know who the trustees are. If one is wicked old Chalkie then
we'll know it's well dodgy.

[Serena Blanchflower]

Post by Kate B

Post by steveski
[]

Leopards do not change their spots.

Nor their shorts.

I want to know who the trustees are. If one is wicked old Chalkie then
we'll know it's well dodgy.

It's a solicitor, one Rupert Leachworthy, but it has since transpired
that Matt is another trustee which seems to confirm that the set up is
well dodgy.

[krw]

Post by Serena Blanchflower

Post by Kate B

Post by steveski
[]

Leopards do not change their spots.

Nor their shorts.

I want to know who the trustees are. If one is wicked old Chalkie then
we'll know it's well dodgy.

It's a solicitor, one Rupert Leachworthy, but it has since transpired
that Matt is another trustee which seems to confirm that the set up is
well dodgy.

The Trustees merely have to execute the powers in the deed document. If
the Trust is for the benefit of Lilian then it is important she is not a
Trustee - but otherwise it can be anyone.

However I am not sure if Matt's conviction is spent or unspent. If
unspent and as it involved dishonesty then he cannot be a Trustee. Does
he remain bankrupt? That would also disbar him.

He was convicted in Oct 2009 and was given an 18 month sentence serving
9 months. So that would be on his record for four years.

So providing he is a discharged bankrupt, has had the ability to be a
director re-instated (it is usually for something like 5 years) and the
conviction is spent.

Looks to me like he can be a Trustee.

[Chris McMillan]

Post by Serena Blanchflower

Post by Kate B

Post by steveski
[]

Leopards do not change their spots.

Nor their shorts.

I want to know who the trustees are. If one is wicked old Chalkie then
we'll know it's well dodgy.

It's a solicitor, one Rupert Leachworthy, but it has since transpired
that Matt is another trustee which seems to confirm that the set up is
well dodgy.

Well, yes, 'Rupert and I go back a long way' says it all. Maybe Rupert's
as dodgy as Matt and Chalky, and it's not truly 'in trust' at all.

Sincerely Chris