Setting up a trust can be great way to control how your assets are distributed to your heirs after you pass away. Trusts are in many ways more flexible than wills in managing an estate’s assets. When ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

Every irrevocable trust creates a legal relationship between the trustee and the beneficiaries of the trust. In this relationship, the trustee carries out the wishes of the trust’s grantor as those ...

Selecting the right trustee is one of the most important decisions in setting up a revocable living trust, according to ...

A trust is a legal contract created when you transfer property to a trustee for the benefit of someone else. The trustee manages the property for the beneficiary in accordance with the terms and ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

George and Andrew have recently been appointed trustees of a family trust set up by their late father David. On reviewing the trust papers they find the trust fund is worth about £200,000. Two-thirds ...

Australian Taxation Office statistics released in a September 2016 report revealed that there were 1,083,425 members of self-managed superannuation funds (SMSFs). Presumably there is a similar number ...

I am a trustee on the family trust of a deceased friend. Due to my work I will have to travel extensively in the next year, which will make it difficult to attend to many of the day-to-day decisions ...

Although many duties in sectional title schemes can be delegated to a managing agent, the trustees still retain overall responsibility for maintaining of the property, and the financial well-being of ...