There are many reasons people place money in trust for their heirs. Trusts provide professional management of assets for beneficiaries who either do not want to spend their time on such matters or ...

Upon accepting a trust, a trustee may be given a non-binding letter of wishes by the settlor. 1 Such statements are designed to offer trustees of discretionary trusts some guidance in the exercise of ...

If the last few years have taught advisers anything, it is that planning complexity is not going away. Tax regimes shift, client circumstances diversify, If the last few years have taught advisers ...

Discretionary distribution decisions are arguably the most difficult judgments faced by a trustee. Conscientious trustees spend significant time analyzing the trust instrument’s 1 dispositive ...

In the area of estate planning, the use of trusts has become so commonplace that most all estate plans utilize a trust in some manner. There are a wide variety of trusts in which practitioners utilize ...

Most people should consider having one or more trusts in their estate plans. To make decisions about trusts you must be aware of trust terminology and basic concepts about the most common types of ...

Government plans to make inheritance tax due on pensions, plus other changes to IHT rules, have seen a leap in people enquiring about the use of trusts to protect their wealth. So what are trusts, and ...