It doesn't sound like a discretionary trust at all. It sounds like a life interest to A, with remainder to B and C. If that is the case, B and C have no interest in possession and will not be taxed until A dies or the fixed term ( if there is one) expires. Probably the wording here would help.
Is the disponer dead? What ages are A, B and C? Is this to try to obtain dwellinghouse relief?
Its an interesting choice of words. Its like the intention was to create a life interest but have managed to create a discretionary trust into the bargain. It is really up to John who gets what and when. A has the right to use, but again at the discretion of John. Presumably John could decide to promote B and C at any time. Does A still reside in the property? If you are a beneficary you could as the trustee what the story is
Ok, if the disponer has died 20 years ago that changes matters significantly. Best to seek advice where you can go into all the details, not on a website.
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