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Contents

Official guidance
Trusts, Settlements and Estates Manual

TSEM6260 · Legal background to trusts and estates: particular trusts - table of contents

  • TSEM6261 · Legal background to trusts and estates: protective trust
  • TSEM6262 · Legal background to trusts and estates: express trust
  • TSEM6263 · Legal background to trusts and estates: implied or presumptive trust
  • TSEM6270 · Legal background to trusts and estates: parol trust
  • TSEM6271 · Legal background to trusts and estates: constructive trust
  • TSEM6272 · Legal background to trusts and estates: bare or simple trust
  • TSEM6273 · Legal background to trusts and estates: charitable trust
  • TSEM6280 · Legal background to trusts and estates: trustees in bankruptcy
  • TSEM6281 · Legal background to trusts and estates: unit trust
  • TSEM6282 · Legal background to trusts and estates: investment trust
  1. Legal background to trusts and estates: particular trusts - table of contents
  2. Legal background to trusts and estates: bare or simple trust

TSEM6272 | Legal background to trusts and estates: bare or simple trust

From HM Revenue & Customs · Trusts, Settlements and Estates Manual

The beneficiary of a bare or simple trust has the right to take actual possession of the trust property. Bare trustees are ‘names’ or ‘dummies’ for the true owner. They are often known as nominees, especially if the assets are shares in a limited company.

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