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A trust for a bereaved minor (TBM) which comes into being under an intestacy ((a) at I5.546) does so by operation of the law and thus automatically qualifies — the conditions are deemed to have been satisfied.

The conditions referred to in (b) to (d) at I5.546 which must be met for trusts under a deceased parent's Will, the Criminal Injuries Compensation Scheme or with effect from 8 April 2010, the victims of Overseas Terrorism Compensation Scheme to qualify as trusts for bereaved minors are as follows:

1. Ìý

   (a)ÌýÌýÌýÌý that the bereaved minor, if he has not done so before attaining the age of 18, will on attaining that age become absolutely entitled to:

2. 1. Ìý

      •ÌýÌýÌýÌý the settled property

   2. Ìý

      •ÌýÌýÌýÌý any income arising from it, and

   3. Ìý

      •ÌýÌýÌýÌý any income that has arisen from the property held on the trusts for his benefit and been accumulated before that time¹

3. Ìý

   (b)ÌýÌýÌýÌý that, for so long as the bereaved minor is living and