News

Trust laws get shake-up, and advice carve-out

Thursday 3rd of August 2017

The Trusts Bill, a rewrite of the law governing the half-a-million trusts operating in this country, has been introduced into Parliament.

Changes include a description of trusts, trustee duties, the introduction of clear requirements for managing trust information, and more flexible trustee powers.

The reforms are based on recommendations made by the Law Commission in 2013. It sai...

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