Useful Articles

A brief guide to Winding up Trusts

The following comments relate generally to independent trustees in relation to discretionary trusts.  They are intended as general comments only.  Any person considering trusteeship, or any trust reviewing its trusteeship, should seek specific, tailored legal advice. WHAT IS WINDING UP A TRUST? Winding up a trust, sometimes referred to as bringing forward the Vesting Day,…

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A brief guide to Trustee Duties

The following comments relate generally to trustee duties in relation to discretionary trusts.  They are intended as general comments only.  Any person considering trusteeship should seek specific, tailored legal advice. WHAT IS A TRUSTEE? A trustee is a person who holds property on behalf of another or others (the beneficiaries). WHAT IS A TRUST? A…

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A brief guide to Independent Trustees

The following comments relate generally to independent trustees in relation to discretionary trusts.  They are intended as general comments only.  Any person considering trusteeship, or any trust reviewing its trusteeship, should seek specific, tailored legal advice. WHAT IS A TRUSTEE? A trustee is a person who holds property on behalf of another or others (the…

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A brief guide to Family Trusts

The following comments relate generally to discretionary family trusts.  They are intended as general comments only.  Any person considering setting up a Trust should seek specific, tailored legal advice. WHAT IS A TRUST? A Trust is a legal arrangement where the owner(s) of property (the Trustees) hold that property for the benefit of other people…

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