If the trustee is the benefit claimant, the asset will not usually be considered as part of her capital.
She will be accessing the money for the beneficiary (the grandson) as this is a discretionary trust I take it, therefore not having it as her income. Both should therefore be ignored though will depend on the nature of the trust.
Where the Court of Protection administers a trust fund set up with money awarded in respect of compensation for the death of a parent, in the case of minors under the age of 18, the fund is ignored.
Regards
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