Transfer from Trust > Mr Dolby

[Dolby]

My father left a property to both my young brother and myself in his will, until we attain age 28. Currently this is being held in a trust.

However, what we've decided is that (since I hit 28 first) I'm going to buy his half out and he'll use the cash to purchase something else.

Do I have to pay transfer duties on the value of the property as I'm transfering from Trust to Mr Dolby? Or are trusts perhaps excluded?

Thanks!