I wonder if someone woul dcare to advise me on this.
>
>My father, more than 7 years ago, set up a discretionary trust in
>favour of his grandchildren. I am his only child, so these children
>are all mine. He and I were trustees but he did all the day-to-day
>management of it. He died in November 2003 and as yet I have not got
>round to doing anything about the trust - I have been too busy dealing
>with hist estate.
>
>How long can I leave matters before taking the trust in hand? In
>particular, is there some time within which I must arrange for a new
>trustee to be appointed?