Mrs A left the residue of her estate to such of her
grandchildren as were alive at the date of her death.
She directed that the funds should not be paid to the
grandchildren until they respectively attain age 21 years.
All of the grandchildren who were alive when Mrs A died are
entitled to an equal share in the residue of the estate. There are
no other conditions that they must fulfil before they become
entitled. The direction about payment does not affect this basic
position.
The beneficiaries have a vested interest and the trust is a
bare trust.
