I simply can't get my head round what this means ,and will the beneficiaries automatically receive anything receive anything or would they need to ask the Trustees ?
Any help gratefully received .
8. Transfer to trustees SUBJECT to the trusts DECLARED above my Executors shall transfer to or otherwise place under the control of the Trustees the Trust Fund to be held upon with and subject to the following trusts powers and provisions of my Will
9. Residuary gift on substantive trusts (a) SUBJECT as above the Trustees SHALL HOLD the Trust Fund UPON TRUST for my husband
absolutely
(b) SUBJECT as above the Trustees SHALL HOLD the capital and income of the Trust Fund for the following beneficiaries as shall survive me in equal shares: (i) my xx xxxx absolutely (ii) my xx
xxxx absolutely (iii) my xx xxxx absolutely (iv) my xx xxxx absolutely