Who can be named as a beneficiary of a trust?
The beneficiaries of a trust can be existing individuals or entities which you would like the trust to distribute money to, (such as your husband/wife, children, aunt, a bucket company, another trust) or they can be individuals which you would like to distribute income to in the future, such as: “future children” or “future spouse” etc. (however it is generally not recommended that you bother listing things like this as they can be added later). Alternatively, other organisations can be listed as a beneficiary, such as a church, registered charity or community group.
