"I suppose by the last few sentences I meant that in the end will the individual beneficiaries get the benefit (by having at some stage less income to declare from the trust) of the tax deductions that the trust makes or in some cases are they just lost."

I agree with you Cathy. Making room for a family legacy project should be an important part of any meaningful inheritance. Recording a family history for generations to come might not have urgent value in terms of monetary currency. However, the dissemination of culture is really priceless. 

Article resource: Understanding the true value of a family legacy.