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To Trust or not to Trust - 2021 Edition

To Trust or Not to Trust provides an introduction to trusts and is useful if you are starting to think about protecting your assets. It also offers useful information if you are already familiar with the concept of trusts and how they can work for you.

This guide reflects the Trusts Act 2019 that came into force on 30 January 2021, replacing the Trustee Act 1956. 

Written in modern clear language, this new legislation sets out (amongst other things) trustees’ duties and obligations, amends some provisions for beneficiaries and allows trustees who are no longer mentally competent to be more easily replaced.