Solicitors Qualifying Examination (SQE) 2025 – 400 Free Practice Questions to Pass the Exam

Trustees may advance trust money to a beneficiary when it is in their best interest, as this aligns with the fiduciary duty that trustees have to act in the beneficiaries' best interests. Advancing funds in this manner can be particularly useful when a beneficiary requires financial support for specific needs, such as education, healthcare, or other legitimate purposes that enhance their quality of life or financial situation.

This choice reflects a fundamental principle of trust law, wherein trustees must exercise discretion when managing trust assets, ensuring that any advances they make are intended to benefit the beneficiary and do not contravene the stipulations of the trust itself.

In contrast, simply basing the advancement on a beneficiary's request may not consider the overall implications for the trust or the interests of other beneficiaries if applicable. Court approval might be required for certain types of transactions or decisions, but it is not a blanket requirement for all advancements. Having multiple beneficiaries does not inherently justify an advancement; the decision should still primarily consider the benefits to the individual beneficiary receiving the funds.