The will of a lady left a Trust Fund consisting of a portfolio of blue-chip equities valued at around £137,500 to her son aged 65, provided that his father (a gentleman then aged 90) received the income during his lifetime and also provided that the son outlived his father. An insurance policy was put in place to cover that eventuality and the son offered 100% of his reversionary interest at auction.

The interest sold at auction for £83,000.

A father set up a will trust for his three children to inherit his family home with the stipulation that their mother live there until she died. One of three children wanted to sell her one-third interest in the property before the death of her mother who was now aged 75. The property was a 3-bedroomed terraced house valued by a local estate agent as being worth around £225,000 with vacant possession.

The reversionary interest sold at auction for £32,500.

A beneficiary under a Family Trust wanted to sell 25% of his one-quarter interest in a Trust which consisted of a large commercial property (valued at around £5.3million) His interest would become payable on the death of his mother who was then aged 82.

The one-sixteenth interest sold at auction of £108,500.

A will provided for a widow, then aged 71, to receive the income from a trust fund valued at £115,000. On her death the assets of the trust were to pass to her deceased husband's sons. We advised on a fair and reasonable basis for the trust to be brought to an end and assets distributed to the beneficiaries.

Royalties paid in respect of a book of poetry by an American author, which amounted to approximately £700 per annum and which would continue until 2032 (upon the 70th anniversary of the death of the poet).

This Income Stream was sold at auction for £5,200.

Royalties paid in respect of music composed and performed by a composer who wrote many pieces of orchestral music in the early part of the twentieth century.  He died in 1959 with probably his most famous work, being performed by many artists including Frank Sinatra. The piece was also used in the film War Horse and recorded by Alfie Boe for an episode of Downton Abbey.   The royalties generated an income stream of approximately £9,000 per annum

This income stream was sold at auction for £77,000.

A trust provided for a couple aged 67 and 71 to receive an income of £1,000 per annum until both had died. We advised the trustees on an appropriate lump sum to pay them in lieu of the annual income.

A will provided for a gentleman aged 86 to receive income from an investment for the rest of his life; at the time the annual income was about £2,900. An investor bought the right to the income for £10,600.

A Registered Charge

A freeholder advanced funds to a leaseholder in respect of repairs he carried out to property and for which the leaseholder could not immediately pay. The charge of £35,000 was registered with Land Registry and was well-secured against the property which was situated in London SE19. The charge was to be repaid ten years after it had been registered and interest was being charged at the fixed rate of 7% per annum payable on the 1st day of each month. The charge was sold at auction for £35,000.