Trust Fund photograph

Trust Fund

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OriginBristol
United Kingdom
AlbumsSeems Unfair
We have always lived in The Harolds
Members Grace Denton
Two White Cranes
GenresIndie Rock
Indie Pop
Record labels Turnstile
Reeks of Effort
Date of Reg.
Date of Upd.
ID2166004
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About Trust Fund


Trust Fund was a musical project founded and led by Ellis Jones whilst living in Bristol in the South West of England. Both on recordings and live the band also featured a rotating lineup of musicians to fill out the sound.

Child Trust Funds: Nearly a million accounts not accessed

Child Trust Funds: Nearly a million accounts not accessed
Jul 26,2023 12:31 am

...By Ruth CleggBBC NewsNearly a million young people have yet to claim their Child Trust Funds, MPs have warned...

Teens locked out of Child Trust Funds also risk benefits cut

Teens locked out of Child Trust Funds also risk benefits cut
Jun 14,2023 7:30 pm

...By Ruth CleggDisability news reporterThousands of disabled young people who have money stuck in Child Trust Funds could also have their benefits cut...

Child Trust Funds: Millions of pounds stuck in 80,000 accounts - report

Child Trust Funds: Millions of pounds stuck in 80,000 accounts - report
Apr 19,2023 8:31 pm

...By Ruth CleggDisability news reporterTens of millions of pounds belonging to about 80,000 young people without capacity to make financial decisions could be locked in Trust Funds, a report suggests...

Lisa Marie Presley: When a celebrity dies, who gets what can get messy

Lisa Marie Presley: When a celebrity dies, who gets what can get messy
Feb 2,2023 9:21 pm

... 5m) Trust Fund to her chihuahuas, prompting her son to fight the pooches in court...

Just Stop Oil: Activists says they have 'a duty to protest'

Just Stop Oil: Activists says they have 'a duty to protest'
Jun 22,2022 3:00 am

... " " I don t think it s a case of everyone being a Trust Fund kid whose lifestyles are funded by parents...

Afghanistan: World Bank freezes projects over girls' school ban

Afghanistan: World Bank freezes projects over girls' school ban
Mar 30,2022 7:10 am

... They are financed by the Afghanistan Reconstruction Trust Fund (ARTF), which was frozen last year after the Taliban took control of the country...

Afghanistan: Donors to release frozen funds for food and health aid

Afghanistan: Donors to release frozen funds for food and health aid
Dec 11,2021 5:02 am

... The money from the World Bank-administered Afghanistan Reconstruction Trust Fund will be transferred to the WFP and to Unicef, both UN agencies...

James Arthur: 'I want to be one of the greats'

James Arthur: 'I want to be one of the greats'
Nov 3,2021 9:18 am

... " You know, if you ve got a Trust Fund and you can fund launching your music career that s all well and good [but] I d just love to see people who didn t have the best start in life break through...

Lisa Marie Presley: When a celebrity dies, who gets what can get messy

Apr 23,2020 4:25 am

By Robin Levinson-KingBBC News

From Secret Love children to beloved Pets - When a celebrity dies, everyone wants a piece of The Estate .

In many cases, the ensuing court drama becomes as much a part of a celebrity's legacy as anything they did while they were alive.

The death of Lisa Marie , Elvis Presley 's daughter, appears to be no exception.

On Monday, her mother Priscilla Presley filed a legal challenge to the validity of Lisa Marie 's will. Ms Presley is disputing an amendment that replaced her as trustee, and gave control of her assets to Lisa Marie 's children.

It is heading for the courts, the latest example of the kind of Family Feud that can erupt When someone in The Public eye dies.

When model Anna Nicole Smith's billionaire nonagenarian husband died 13 months after they wed, she battled his son for a share of The Estate , taking it all The Way to the US Supreme Court .

When '70s hitmaker Sonny Bono died without a will, his ex-wife Cher sued for money She Said was owed to her from their divorce, while A Man who claimed to be Bono's illegitimate son also sued to be an heir before eventually dropping his claim.

Miami socialite Gail Posner left a $3m (£2. 5m) Trust Fund to her chihuahuas, prompting her son to fight The Pooches In Court .

" In This Country , you know, where there's a will there's a way, " said Adam Streisand, a top Hollywood trial lawyer at Sheppard Mullin who has been In Court for some of the biggest celebrity battles to date, including those surrounding the estates of Michael Jackson and Hugh Hefner .

With celebrity estates sometimes worth hundreds of millions of dollars, a lot of money is At Stake .

But Mr Streisand said that many disputes are as much about emotion as about money.

Most People , not just celebrities, have at least one bitter Family Story about a relative who got left out of a will. At The Heart of many of these disagreements can be decades-old grievances.

Sometimes, people fight to claim an inheritance because they are trying to create a close relationship they never had with that person while living, He Said .

As a distant relative of Barbra Streisand , Mr Streisand said he understands why people can sometimes imagine connections that do not exist.

Growing Up , He Said people would always ask him about The Way We Were singer, which meant that even though he did not have a relationship with her, she was, in some ways, a part of his identity.

" Now imagine if you are The Child of a pop sensation, rock superstar or A Movie star, " He Said .

" And so When the person passes, The Ability to try and establish a connection that you couldn't establish during a person's life intensifies. "

The added sting of perceived slights can make settling an estate especially rancorous.

" The Money involved is almost secondary, " He Said . " People do fight over smaller estates.

" And they fight over The Most ridiculous nonsense, [like] pots and pans. "

Add to that the High Stakes of a high-profile figure, and you have a recipe for bitterness.

Lisa Marie 's estate includes ownership of Graceland, Elvis' former mansion in Tennessee, which is now open to The Public .

That means that, to an extent, whoever controls her estate will also have control over The Legacy of an American rock'n'roll icon.

Jonathan Forster, a private wealth lawyer at Weinstock Manion, said that When It Comes down to it, a lot of disputes arise because Some People feel entitled to a wealth and legacy that was never theirs.

" They feel that because they are related to The Celebrity , that they should be entitled to something whether or not the document says that, " He Said .

Another challenge with celebrity wills is that with large estates, The Deceased can have had many different advisers, and sometimes multiple versions of a will. Others, such as Aretha Franklin and Prince, left no will at all.

When Prince died in 2016 without a will, he left over $156m in assets. His estate was not settled until this year.

The two most common ways to dispute a will are to argue that a person lacked capacity to make changes to their estate, such As If they suffered from dementia, or if a person was subjected to Undue Influence , such As If a caregiver pressuring them to sign a document.

But proving those claims is not cheap or easy.

Challenging a will In Court can cost hundreds of thousands, if not millions, of dollars in lawyers fees, although some lawyers will work based off of a percentage of The Settlement .

With large estates, sometimes lawyers will offer to sue, knowing there is no legitimate claim, simply to pressure a quick settlement and get a cut of The Deal .

" It's kind of like Free Money , " said Mr Forster. " One thing I say to clients all The Time - you can really sue for anything in This Country . "



Source of news: bbc.com

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